Missing the Market Meltdown
Renewable energy is attracting Wall Street but nuclear power isn’t. Why ? Simple economics.
By Amory B. Lovins | NEWSWEEK
May 26, 2008 Issue
Capitalists have already scuttled Patrick Moore’s claimed nuclear revival. New U.S. subsidies of about $13 billion per plant (roughly a plant’s capital cost) haven’t lured Wall Street to invest. Instead, the decentralized competitors to nuclear power that Moore derides are making more global electricity than nuclear (...)
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