Posted by: brothermartin | August 3, 2008

THERE’S STILL NO FUTURE IN NUCLEAR POWER

AMY GOODMAN: And yet, well, the media clearly in this country doesn’t get it, because it is raised over and over again by the candidates. I mean, it seems that Senator McCain has a favorite number: a hundred years in Iraq, also hoping for a hundred more new nuclear power plants. He had said something about, he doesn’t want to lose the knowledge of building, since the last one was built more than thirty years ago; the people are dying who had built it, so we’ve got to rush and build them now.

AMORY LOVINS: Well, you could say that’s already been lost, in the sense that most of a nuclear plant built now in the US, if there were any, would have to be imported, which, by the way, means we buy it in weak US dollars, which is part of the incredible cost escalation we’ve seen. Moody’s latest number is $7,500 a kilowatt. That’s, again, as the Journal said, about two to four times the numbers that were being bandied about just last year by promoters.

AMY GOODMAN: And Barack Obama, while he hasn’t laid out a plan for building, he has a big campaign contributor, Exelon, and has supported the expansion of nuclear power. And, of course, we heard what President Bush has to say.

AMORY LOVINS: Actually, I thought what Senator Obama said was “explore”, which is different. And you will find major environmental groups saying something like “explore” or “consider”, but they will also say very carefully it has to be competitive, it has to be cost-effective. And clearly, that doesn’t even pass the giggle test.

A new nuclear plant, according to Moody’s, would send out electricity for about fifteen cents a kilowatt-hour, which is half, again, as much as the average residential rate. And that doesn’t even account for delivering it to your house. And I think if nuclear plants were built, which I don’t think is likely, you would see incredible rates shock and a big political reaction.

more


Leave a response

Your response:

Categories