In a recent study, researchers from the European Environmental Bureau (EEB), the Stockholm School of Economics (SSE), and the Potsdam Institute for Climate Impact Research (PIK) questioned the planned development of new nuclear capacities in the energy strategies of the United States and certain European countries.
Nah, the power company likes the profits from nuclear way better.
The secret is that they can bill the ratepayers for all the cost overruns, while keeping the extra profits on the cost-plus construction contract for the shareholders.
(Source: I’m a Georgia Power ratepayer being absolutely reamed for Plant Vogtle 3 and 4, and the Georgia Public Service Commission isn’t doing a single goddamned thing to hold Georgia Power to account or to help people like me.)
Yeah, but think of the poor corporations.