February 16, 2005

Why the Smart Money Isn't Selling Nuclear Power Plants

AS CONGRESS SEEKS TO HAMMER THE OIL COMPANIES (sort of, but not toohard), and the rutting patterns of the Caribou trump any small inch of progress towards energy independence, and the Greens blow off enough hot air to keep ten wind farms cracking if they could all blow in the same direction nobody, but nobody, has their nuclear power plants on the block. Why?
PSEG, Exelon have a reason to keep nuclear plants: Money

Owning a nuclear power plant these days is sort of like having your own money tree. The plant pumps out cheap power, runs practically all the time, and rakes in big bucks in a time of skyrocketing electricity bills.

But can we build new ones? Nope. That would be far too sane for this culture of, by, and for the Hybrid Buttinsky Caribou Love Party. After all, surely every single American can come up with $21,000 for a new Prius.

Posted by Vanderleun at February 16, 2005 3:23 PM
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"It is impossible to speak in such a way that you cannot be misunderstood." -- Karl Popper N.B.: Comments are moderated and may not appear immediately. Comments that exceed the obscenity or stupidity limits will be either edited or expunged.

Who needs cheap and reliable power when you can have piles of water buffalo dung everywhere instead? If you ask me, it's a worthwhile trade off.

Posted by: Tovya at February 16, 2006 4:27 PM