Obama’s Nuclear Energy Limbo
A good post is up at NEI discussing the ambiguity of the Obama Adminstration’s stance on new nuclear energy plants in the face of the push for cap and tax:
If a cap and a price are imposed on carbon dioxide emissions, [nuclear] plants could be among the biggest economic winners in the vast economic shifts that would be created by greenhouse gas regulations.
That’s from the New York Times, borrowing a story from Climate Wire, which while noting the nuclear plants achieve the goal of carbon emission reduction rather well, runs though the tough sledding it faces.
For example, President Obama is overly ambiguous in his support:
“The president needs to show his cards on nuclear energy,” said energy consultant Joseph Stanislaw, a Duke University professor. “He cannot keep this industry, which must make investments with a 50-year or longer horizon, in limbo for much longer.”
We’re not absolutely sure this is the right way to put it – Congress weighs in, too, and we’ve seen an EPA report that basically shows that carbon emission reduction goals are unattainable without nuclear energy. The nibbling around the edges is happening from both ends.