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Nuclear Energy Now More Expensive Than Solar 635

js_sebastian writes "According to an article on the New York Times, a historical cross-over has occurred because of the declining costs of solar vs. the increasing costs of nuclear energy: solar, hardly the cheapest of renewable technologies, is now cheaper than nuclear, at around 16 cents per kilowatt hour. Furthermore, the NY Times reports that financial markets will not finance the construction of nuclear power plants unless the risk of default (which is historically as high as 50 percent for the nuclear industry) is externalized to someone else through federal loan guarantees or ratepayer funding. The bottom line seems to be that nuclear is simply not competitive, and the push from the US government to subsidize it seems to be forcing the wrong choice on the market."

Comment Re:What a pantload. (Score 1) 214

Even better, look for the influence of every major US terrorist incident on pending legislation. This isn't to say "Neocons cause terrorism", but it isn't a good set of incentives, and worth watching on the list of major US attacks & warnings. Some are saying "Republicans cannot survive without terrorism". Or at least the threat of terrorism, which is itself a form of terrorism, and which is practiced daily by leadership announcements. Starting before the most recent Bush regime with the bombing of the Marine barracks during Reagan/Bush, bombing of the Cole under Clinton (which assisted pending procurement legislation), then 9/11 under this Bush just when his poll numbers were going into the tank, the deaths of Paul Wellstone (and his wife) as the only member who voted against so-called Patriot Act I, the Anthrax attack being sent only to Democratic opposition to said Act, the DC Sniper during pending vote for Patriot Act II, and so on. Even small incidents coincidentally and consistently occurring during run-up to '04 election such as the pavlovian Terrorism Alert bell rung each time a bump was needed in the dialogue. Want to test the theory? Here's a prediction: if telcos don't get immunity, if Obama looks like a winner, and Bush/Cheney look like they'll be indicted, we'll magically have another 9/11 style attack such as dirty bomb or threat of same. Odd how the "terrorists" seem to watch the legislation calendar and US elections closely and act in ways helpful to all-powerful central gov't insiders with rights to keep secrets and immunity from prosecution. Just a coincidence. One way to get perspective on some of these suspicions is Alex Jones www.prisonplanet.com. As they say, "Sure, he's crazy, but what if he's right?". About 1/2 of what he says is silly or irrelevant, but 1/2 is very disturbing and supports a great deal of scrutiny. He is paranoid about gov't control and intrusion, and has way too many facts for comfort. Check it out.

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