NO BAILOUT FOR NEW NUKES

HARVEY WASSERMAN, Editor of www.NukeFree.org and author of SOLARTOPIA, tells how the failed, un-insurable, un-investable, carbon-intensive nuclear industry is rising from its grave with its hand out for a government bailout that could make the Wall Street bailout look like pocket change.

Category:

Education

Tags:

• harvey
• wasserman
• nuclear
• renaissance
• climate
• change
• post-carbon
• energy
• solartopia

[UKRentor1605]

It is thanks to idiots like this that Nuclear Power Plants have to spends millions of dollars, and a number of years in court. People like this with either A) No knowledge about what they are talking about, or B) A direct agenda to mislead people for selfish reasons, bring up hundreds of lawsuits almost all of which are rejected once they are looked at, but regardless takes a 5 year building and licensing project and turns it into a 10 year struggle. Nuclear Power is Safe, and this guys lying.

[andresfusion]

YES thank you! Nuclear power is the answer to actually cut emissions and become energy independent. Don't listen to dumb hippies like this guy. Do your own research!

[hotFusionReaction]

The reason is because they are afraid that the Plant will never be completed, NOT BECAUSE OF WHAT WILL HAPPEN WHEN IT IS (as this *liar* claims).

Guess why they don't think it will be completed...BECAUSE OF PEOPLE LIKE THIS WHO USE THE FEDERAL COURT SYSTEM LIKE THEIR OWN PRIVATE PLAYGROUND to attempt to *SABOTAGE* any construction of new Nuclear Power Plants.

*THEY* stop the construction, and then blame the market when they aren't completed. Best of all, they do it on *OUR* dime.

[hotFusionReaction]

Well, first of all, he lies in the first 30 seconds, with his line "No private financier will finance".

The problem isn't finding banks willing to loan (and that's what we're talking about, not "Angel Investors", no single person could afford the cost of a Nuclear Power Plant, regardless of what these clowns claim), it's finding banks willing to loan at a BUSINESS ACCEPTABLE interest rate.

Now ask why banks want so much interest on loans for new Nuclear Power Facilities?