The main reason nuclear power hasn’t ‘taken off’ – it’s not economic.

Leah Gunn Barrett Nuclear costs 2.6 times more per unit than gas and 3.7 times more than wind.[1] Government subsidies and guarantees are needed because the nuclear industry is an open-ended liability. A nuclear plant has never been fully decommissioned and many believe it would cost more than the original construction. Second, nuclear power has facilitated, not stopped, the proliferation of nuclear weapons. India produced its first plutonium in a Canadian supplied reactor, exploding its first nuclear bomb in 1974. Nations like Iran are following suit.[2]  Third, accidents have dogged the industry from the beginning. In 1957 the Windscale reactor that … Continue reading The main reason nuclear power hasn’t ‘taken off’ – it’s not economic.