Carbon tax, not subsidies, will spur nuclear power

by info@ecologicalinternet.org (Mongabay.com: none given), Climate Ark Climate Change & Global Warming Newsfeed on Sep 09, 2007

Mongabay.com: A U.S. carbon tax, not government subsidies, should be used to spur investment in nuclear power, says The Economist. In its "Leaders" editorial section, the UK-based financial publication states that concerns over global warming and energy security may well spawn a new era for nuclear power, but that tax-payers should not be asked to foot the bill for building plants as they have in the past. The editorial notes that while nuclear power plants have high upfront costs, once ...