Text Size AAA Bookmark and Share

Forget Nuclear

AUTHOR: Lovins, Amory; Sheikh, Imran; Markevich, Alex
DOCUMENT ID: E08-04
YEAR: 2008
DOCUMENT TYPE: Journal or Magazine Article
PUBLISHER: RMI
 
This non-technical summary article compares the cost, climate protection potential, reliability, financial risk, market success, deployment speed, and energy contribution of new nuclear power with those of its low- or no-carbon competitors. It explains why soaring taxpayer subsidies aren’t attracting investors. Capitalists instead favor climate-protecting competitors with less cost, construction time, and financial risk. The nuclear industry claims it has no serious rivals, let alone those competitors—which, however, already outproduce nuclear power worldwide and are growing enormously faster.