Nuclear Energy

John Jacobson
Mrs. Schneider
Period 2
27 November 2012
Nuclear Energy: A Ticking Time Bomb
Even before the three thermo thermonuclear meltdowns in Japan placed the name Fukushima atop the harken of other nuclear disasters such as Chernobyl and Three knot Island, the nuclear diligence was in serious trouble. Nuclear proponent isnt just an ample risk to communities and the environment; it also presents enormous risks to any investor foolish enough to believe the hype. Thats why the nuclear industry always has its hands in taxpayers pockets. Wall channel has long known that nuclear military unit is an abysmal investing and isnt willing to accept the risks. Moodys called new nuclear might a bet the farm risk, while Citi described nuclear power as a corporation killer. (MidAmerican Energy Holdings Co., owned), concluded that it did not make economic sense to build. After a south-central Carolina corporation invested in a new nuclear power plant, Moodys downgraded its stock to near junk bond status. And Fitch has make the same to corporations that continue to pursue nuclear power. Thats why the industry needs enormous taxpayer support to build nuclear plants, in the form of loan guarantees, a bailout when a meltdown occurs and more.



Taxpayers shouldnt be forced to bear the risks for a mature technology that banks wont finance, oddly one that threatens a catastrophic release of radiation. Some degree centigrade million Americans already live within 50 miles of a nuclear plant. We should be phasing out these dangerous reactors, not structure more. Wall Street and the rest of America actually meet on this. Two-thirds of Americans dont want to be placed on the gyp for new nuclear plants. Nuclear power is too sulky and expensive to address global warming. Real solutions are fast, low-cost and ready now. Making our buildings more energy efficient is 10 times more cost effective than new nuclear; clean, renewable energy from wind and solar is getting cheaper as technology improves and markets...If you want to get a full essay, lay it on our website: Ordercustompaper.com



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