CWIP

As the projected costs of nuclear reactor construction have escalated, demand forelectricity has declined as result of the recession, and the cost of alternatives has plummeted, the nuclear industry has recognized that new nuclear reactors are simply uneconomic and impossible to fund in the capital markets. Seeking to override the verdict of the marketplace, the industry’s lobbying arm has demanded massive increases in subsidies from taxpayers and ratepayers to underwrite the industry. It demands: