'...new nuclear plants are simply unfinanceable in the private capital market, and the technology will continue to die of an incurable attack of market forces-all the faster in competitive markets. This is true not just in the U.S., where the last order was in 1978 and all orders since 1973 were cancelled, but globally.'[2]
About this quote
- What does it mean?
- Lovins claims nuclear plants cannot be financed privately and are failing in competitive markets.
- In plain terms
- Private markets do not fund new nuclear plants.
- What can you take from it?
- Market forces are making nuclear power unviable.
Where it applies
Putting it to work
Questions to consider
- What stops nuclear investment?
- Can markets alone decide energy?
Another view
Government subsidies might still support nuclear in some places.
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