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Old 11-20-2007, 07:15 PM
PLOlover PLOlover is offline
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Join Date: Jun 2005
Posts: 3,465
Default Re: Weather Channel Founder says\"Global Warming is Biggest Scam in His

The worlds most cited expert on nuclear technology says the extremely high initial investment costs required to build nuclear power plants is what is preventing private industry from taking chances. Nobody wants to spend a billion dollars on a power plant when a coal plant costs 1/10 as much. With fossil fuels the fuel is the major cost. With nuclear the plant itself is the major cost. I'd like to know what government regulations you are talking about that are preventing private industry from investing in nuclear.

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“Thirty years ago due in part to fear, in part to a lack of information, [American] politicians enacted policies that placed numerous road blocks in front of the nuclear energy industry. … Yet, at the same time Europe embraced nuclear energy even more. Today, Europeans have almost twice as many nuclear reactors than the United States. And they slashed dependence on coal by more than 30 percent—while we increased our use of coal by more than 60 percent.”

– Sen. Jim DeMint (R-S.C.)
Testimony before Senate
Environment and Public Works Committee
Oct. 31, 2007

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