by Laura Shin -
Sep 18th, 2009
Nuclear power has long been controversial for its radioactive waste, history of dangerous meltdowns and potential to help spread nuclear weapons. With those arguments against it, and with a spotty record of construction and management in the 1970s and 1980s, the United States hasn’t welcomed a new nuclear power plant since 1996 – and that one had been in the works since 1973.
Now, however, fears about climate change, along with changes in the industry and in regulatory practices, are changing the nuclear energy calculus.
“Nuclear right now is at a crossroads. There are a lot of possibilities that nuclear can make a good contribution to solving the greenhouse problem, but those possibilities are just ifs,” says John Parsons, executive director of the Center for Energy and Environmental Policy Research at MIT and an author of a widely cited report, The Future of Nuclear Power.
Nuclear power will almost certainly be part of climate legislation discussed in the U.S. Senate. Environment and Public Works Committee Chairwoman Barbara Boxer (D-Calif.), who is writing the Senate's version of the climate bill, was clear about that last week, saying, “There will be a nuclear title in the bill.”
But a new study tallying the cost of nuclear power suggests that nuclear's many uncertainties could push it out of the realm of being cost-competitive.
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