Maryland’s Calvert Cliffs nuke project is on the brink of cancellation. It’s potentially one of the most critical atomic failures in decades.
But financial markets love the nuke’s demise. The stock of its American partner---Constellation Energy---has soared with the apparent death of a project widely feared as a huge money-loser.
Just 40 miles south of the White House, George W. Bush hailed Calvert Cliffs in 2005 as the shining symbol of a "reactor renaissance." In partnership with EDF, (…)
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