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Power Magazine Cover Story: 2008 Industry Forecast

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bananas Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-01-08 07:42 PM
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Power Magazine Cover Story: 2008 Industry Forecast
Long article, worth reading, some snips:

'We anticipate that the specter of carbon control legislation will hobble coal and make renewables the hot ticket while nukes continue to inch forward in a generation market that is basically treading water.'
...
'The U.S. nuclear industry decided—even before the 2006 elections, which produced a Democratic majority in both houses of Congress—to bet the radioactive ranch on the GOP. The nuclear industry lobby was, to use a waterskiing and snowboarding term, “goofy-footed” by the Democratic tsunami—caught with its right foot in the forward binding.'
...
'Said our lobbyist, “We’ve tried to screw this guy three different times and failed. How understanding and helpful is he going to be when he runs the NRC?” There’s little doubt that if the Democrats reclaim the White House, Jaczko, the only Democrat on the commission, will become its chairman.'
...
'So while the politics of new nukes look bad, their short-term financing outlook isn’t very promising, either. An October study of the U.S. industry by Moody’s Financial Services concluded that “there can be no assurances that tomorrow’s regulatory, political or fuel environment will be as supportive to nuclear power as they are currently.”'
...

http://www.powermag.com/powerweb/archive_article.asp?a=28-CS_ED&y=2008&m=january

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NNadir Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-01-08 08:00 PM
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1. I was reading that magazine on line just the other day. It reads like a yuppie stereo magazine,
which pretty much it is.

A bunch of boys with boy toys.
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