“[I]t is both pleasing and strange to see Joe Romm don a free market, pro-consumer, pro-taxpayer hat when it comes to nuclear. His (post-modernistic) dream is that wind power, solar power, and negawatts can usher in a post-fossil-fuel era. In reality, however, fossil fuels will replace nuclear to a large degree.”
“Perry Just Made Taxpayers Invest in a $25-billion Nuclear ‘Financial Quagmire.’” So read the headline of a recent post by Joe Romm (Center for American Progress). His subtitle: “Nuclear plants are money losers, but Perry is loaning billions more to the last new one being built.”
It is strange. Nuclear is the only scalable CO2-free electrical generation source known to man. Although it is the most expensive way to boil water (and hopelessly uneconomic compared to natural gas- and even coal-fired power), a stubborn, quasi-religious segment of the Climate Malthusians refuses to bulge.…