[Terrapreta] interesting twist

lou gold lou.gold at gmail.com
Fri Nov 9 14:49:25 EST 2007


"On Thursday, a Senate subcommittee approved a bill to establish a
cap-and-trade system for carbon dioxide, and the Democratic leadership is
eager to have the Senate pass it by year's end. ...

Some companies are already counting on paying such a bill. In October, NRG,
an electric company in Princeton, N.J., made the first application in three
decades for permission to build a nuclear power plant. In an interview, the
chairman, David Crane, said his calculations showed that such a plant would
be cost effective if the price of carbon dioxide emissions ran into "double
digits" per ton."

http://www.nytimes.com/2007/11/07/business/businessspecial3/07carbon.html?ei=5070&em=&en=a95b8fa5d91db65d&ex=1194670800&pagewanted=all


Hmmmm. It looks like concern over GHGs may make Nuclear Power financially
feasible.
I guess you can blame it on the environmentalists. What about that!
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