Washington: Nuclear Power is Pushed for Making Bombs!

As demonstrated below, nuclear energy is expensive and bad for the environment. Forbes points out: Nuclear power is no longer an economically viable source of new energy in the United States, the freshly-retired CEO of Exelon, America's largest producer of nuclear power, who has also served on the president's Blue Ribbon Commission on America's Nuclear Future, said in Chicago Thursday, and it won't become economically viable for the foreseeable future. "I'm the nuclear guy," Rowe said. "And you won't get better results with nuclear. It just isn't economic, and it's not economic within a foreseeable time frame." US News and World Report notes: After the Fukushima power plant disaster in Japan last year, the rising costs of nuclear energy could deliver a knockout punch to its future use in the United States, according to a researcher at the Vermont Law School Institute for Energy and the Environment. "From my point of view, the fundamental nature of nuclear technology suggests that the future will be as clouded as the past," says Mark Cooper, the author of the report. New safety regulations enacted or being considered by the US Nuclear Regulatory Commission would push the cost of nuclear energy too high to be economically competitive. The disaster insurance for nuclear power plants in the United States is currently underwritten by the federal government, Cooper says. Without that safeguard, "nuclear power is neither affordable nor worth the risk. If the owners and operators of nuclear reactors had to face the full liability of a Fukushima-style nuclear accident or go head-to-head with alternatives in a truly competitive marketplace, unfettered by subsidies, no one would build one today, and anyone who owns a reactor would exit the nuclear business as quickly as possible."