There are a lot of questions that need to be asked about Congress’ decision to increas the United States’ reliance on nuclear power.

There’s no question in my mind that the power plants are going to built either with private money or private money guaranteed by the treasury. The second course is the one chosen by the government.

Congress has acted to guarantee loans used to build these plants and indemnified the industry from damages over a certain point.

It doen not give one faith in the financial security of such an investment or the safety of the plants. But that’s how it’s going to be done.

The author is asking some important questions. Please read his post.

James Pilant

A few weeks back I blogged about the post-tsunami nuclear meltdown in Japan, and predicted it would impact the use of nuclear energy worldwide. However, a month after the event, this does not appear to be the case. An article from an investment article I read today cited several prominent nuclear energy companies in several countries, including the US and Japan, that are saying they will continue to use nuclear energy as usual. Japan, which curre … Read More

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