Comment Re:This is further proof... (Score -1) 148
You forgot cheapest! More proof that nuclear power is the cheapest low-carbon power source, not a tech more popular on K street than Wall Street that gets by via being absolved of all potential liability for major accidents, getting huge loan guarantees, and being allowed to pass off cost overruns to consumers at-will and even still has trouble finding investors. Nuclear power has always been more popular on K-Street than Wall Street.
How did that "nuclear renaissance" work out for you all? Yeah, that sure bombed out fast. Gotta love an industry with a negative learning curve, where costs continually rise with time and scale rather than dropping (aka, learning of new potential problems and risks faster than refining the technology to lower costs).
Nuclear scares the public a lot more than it actually poses a risk to their health or life. But you know who it scares even more? Investors. Given the race out the door today, can you imagine what it'd be like if the industry wasn't let off the hook for potential damages over a maximum in the event of a major accident? No insurance company would touch the industry with a 10 foot pole. Nuclear accidents may not be good at killing people, but there's one thing that they're damned good at and that's costing a bloody fortune to remedy.