Senator McCain has called for the government to build nuclear demonstration to show private industry how it is done. Although the government subsidizes nuclear power and indemnifies them against responsibility for substantial damages, the power plant industry has concluded it is not cost effective to construct new plants.
But the government has a better idea. Instead of solving the waste disposal problems crippling the industry, McCain proposes that the government compete with the nuclear power industry for production. Even better, the government will provide taxpayer dollars to make nuclear energy cost effective.
What next? Government oil refineries and oil production?
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McCain did not say what steps, if any, he would propose to simplify the permitting process for nuclear plants. Nor did he say how he would dispose of the waste, other than to say "we will need to solve complex problems of moving and storing materials that will always need safeguarding."
With the $2 billion in federal funds, he said, "We will build the demonstration plants, refine the techniques and equipment, and make clean coal a reality. This single achievement will open vast amounts of our oldest and most abundant resource. And it will deliver not only electricity but jobs to some of the areas hardest hit by our economic troubles."
McCain calls for building 45 new nuclear reactors
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06-18-2008, 05:38 PM
