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is the cost of nuclear, which is much lower iff the discount rate is lower.

and the fact that the State will ALWAYS carry the ultimate responsibility (and price tag) for any catastrophic accident, and for long term waste storage and management.

The market is unable to price these subsidies properly, so the State should take the upside as well as the downside.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Mon May 19th, 2008 at 04:23:07 PM EST
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