A nuclear renaissance needs government funding to move ahead - Nov. 2, 2009 - 0 views
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The industry is poised to get billions in federal help, but some say that's a bad idea. NEW YORK (CNNMoney.com) -- Whatever happened to all those new nuclear power plants the country was supposed to build? Last year, with energy prices soaring and global warming making headlines, talk of a so-called "nuclear renaissance" was rampant. Energy experts, utility heads, even presidential candidates called for the construction of dozens of new plants. Billions were going to be spent. Investing magazines ran stories on how to get in on the action.
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The industry is poised to get billions in federal help, but some say that's a bad idea. NEW YORK (CNNMoney.com) -- Whatever happened to all those new nuclear power plants the country was supposed to build? Last year, with energy prices soaring and global warming making headlines, talk of a so-called "nuclear renaissance" was rampant. Energy experts, utility heads, even presidential candidates called for the construction of dozens of new plants. Billions were going to be spent. Investing magazines ran stories on how to get in on the action.