Three Mile Island, the NRC and Obama

April 13, 2009 | The Nation |

While we debate the fantasy qualities of a new fleet of plants that will never be built, a handful of companies that own the existing fleet of decrepit old zombie plants are quietly pushing these reactors to the very edge of their capacity and beyond.

As I have reported  in these pages, this second wave of state-of-the-art atomic power plant construction is pure fantasy. No one wants to invest in nukes, despite government guarantees to cover 80 percent of the costs if the projects default. No one will insure them. They will not be built. However, underneath this nuclear renaissance discourse lurks the real danger: while we debate the fantasy qualities of a new fleet of plants that will never be built, a handful of companies that own the existing fleet of decrepit old zombie plants are quietly pushing these reactors to the very edge of their capacity and beyond.