Tag Archives: TARP. bailouts

The nuclear industry’s game plan to take your money and keep reactors operating

Exelon again threatens to close its aging, uneconomic, Fukushima-clone Quad Cities reactors--a threat that would be better as a promise.

Exelon again threatens to close its aging, uneconomic, Fukushima-clone Quad Cities reactors–a threat that would be better as a promise.

With the failure of last decade’s nuclear “renaissance” leading to dismal prospects for expansion, and rising operating costs–including modest and insufficient post-Fukushima improvements–making a large number of existing reactors uneconomic in the deregulated marketplace, the nuclear power industry over the past couple of years has focused on its sheer survival. This means bailouts in one form or another. Continue reading

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