Startup costs high, safety low | tennessean - 0 views
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Energy Net on 10 Aug 09It is clear that we need to address our dependence on coal and foreign oil and all the ills - from lung disease to global warming - they cause. But the question begs, does nuclear power offer a safe, affordable domestic solution? Advertisement Unfortunately, the facts suggest otherwise. The industry is dependent on subsidies and is not economically viable. Nuclear waste is problematic at best. The technology is not safe despite billions of tax dollars spent on research to try to make it safe. The claims from nuclear energy's proponents have always been too good to be true. "Too cheap to meter" was the first. Inaccurate power projections led to TVA's first nuclear plant construction program in the 1970s and '80s, leaving more than $25 billion in debt, which Tennessee Valley residents are still paying. Current estimated cost for one new 1,200-megawatt reactor is $7.5 billion. From 1950 to 1999, federal subsidies totaled around $145 billion. Cleanups of radioactive federal Superfund' sites are expensive, difficult and proceeding slowly. The fact is that they may never be cleaned up.