Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
World Has Much at Stake in Nuclear Power Decision
World Has Much at Stake in Nuclear Power Decision
Nuclear Power Decisions Will Determine Much. Though nuclear power may seem a limited issue -- related only to energy, and only one of several energy sources at that -- the decision whether to pursue nuclear power may prove to be the most important decision now before world leaders. Consider the following:
1. Capital Needs. ...
...
2. Climate Change. ...
...
3. Employment. ...
...
4. Economic Dependence. ...
...
5. Military Security. ...
...
...
Due Diligence for New Nuclear Power. This was my contribution to the Potsdam Conference -- a paper showing a sample analysis of new nuclear power as a "business proposal" and applying the five "Due Diligence" tests above. The presentation is posted here.
The conclusion is that new nuclear power does not meet any of the five tests, so it would fail as a business proposal. The financial institutions mentioned above seem to have come to the same conclusion. New nuclear power likely cannot succeed as a business proposal and thus would require massive government support.
This begs the question however -- should not Due Diligence also be applied to the proper use of taxpayer monies? If so much is at stake for the U.S. and the world, should the U.S. really be leading the way in throwing taxpayer monies at an industry without asking the right questions?
Nuclear Power Decisions Will Determine Much. Though nuclear power may seem a limited issue -- related only to energy, and only one of several energy sources at that -- the decision whether to pursue nuclear power may prove to be the most important decision now before world leaders. Consider the following:
1. Capital Needs. ...
...
2. Climate Change. ...
...
3. Employment. ...
...
4. Economic Dependence. ...
...
5. Military Security. ...
...
...
Due Diligence for New Nuclear Power. This was my contribution to the Potsdam Conference -- a paper showing a sample analysis of new nuclear power as a "business proposal" and applying the five "Due Diligence" tests above. The presentation is posted here.
The conclusion is that new nuclear power does not meet any of the five tests, so it would fail as a business proposal. The financial institutions mentioned above seem to have come to the same conclusion. New nuclear power likely cannot succeed as a business proposal and thus would require massive government support.
This begs the question however -- should not Due Diligence also be applied to the proper use of taxpayer monies? If so much is at stake for the U.S. and the world, should the U.S. really be leading the way in throwing taxpayer monies at an industry without asking the right questions?
http://energyeconomyonline.com/GPPI_Nuclear_Conference.html
