DiaNuke.org

Only the very foolish will argue that Fukushima’s near meltdown in 3 reactors and a fire in the fuel holding pond of the 4th does not warrant a re-look at the nuclear energy polices of the world or of the country.

The situation in China is more complex than often imagined. Nuclear power can only survive if it is competitive with the alternatives. Unless the trend of sharply rising real costs can be reversed, this will not be the case. Financiers are reluctant to finance new nuclear plants unless the costs of any problems could be passed on to electricity consumers because of nuclear power’s poor track record.

Mycle Schneider and Antony Froggatt’s briefing paper based on “2011–2012 World Nuclear Industry Status Report”.