Nuclear Energy: Expensive, Dangerous, Not Cost-Effective
Amory Lovins and Imran Sheikh have penned a new report on nuclear energy as a fossil fuel option, concluding that nuclear is still dangerous and complicated, not particularly reliable, creates a pollution problem that lasts for many millennia and is therefore a waste of money that could be spent more productively on renewable energy.
Perhaps most devastating to the free market fans, Lovins and Sheikh note that "nuclear power plants are unfinanceable in the private capital market because of their excessive costs and financial risks and the high uncertainty of both."
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