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for several reasons:

  1. nuclear is a capital intensive technology, and is thus cheaper if financed at low rates over the very long term. Nobody can beat the State to do that

  2. nuclear does have residual risks  which will always be borne by the public - safety, cleanup in case of accident (as they are uninsurable) and long term waste management. One can argue that these costs are more or less measurable, but as they are always - always - for the State, it is only fair the public should get the upside of nuclear power in the form of State ownership of the assets and/or lower prices for electricity.


Wind power
by Jerome a Paris (etg@eurotrib.com) on Sun Jan 8th, 2012 at 09:08:16 AM EST
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