For fifty years, engineers have promised “too cheap to meter” energy, the construction of inherently safe reactors, and solution to waste disposal. Instead, a typical reactor, based on the experience of the advanced French industry, now costs a minimum of $6 billion. The Obama administration approved $54 billion in subsidies to the nuclear industry to jumpstart construction in the US.
Reactor costs do not include transmission, waste disposal, fuel costs, or the great costs of remediating such accidents as Three Mile Island, Chernobyl, and now Fukushima Daiichi. These billions of dollars will buy only more risk to the general population.