| But where new nuclear power plants are concerned, here's a way to look at it. If you are -- you've been a CEO, Chris. If you were the CEO of -- I guess you still are. If you were the CEO of an electric utility, and you told your executive team, "I want to build a nuclear power plant," two of the first questions you would ask are, number one: How much will it cost? And there's not a single engineering consulting firm that I've been able to find anywhere in the world that will put their name on an opinion giving you a cost estimate. They just don't know. A second question you would ask is: How long will it take to build it, so we can start selling the electricity? And again, the answer you will get is, "We have no idea." So if you don't know how much it's going to cost, and you don't know when it's going to be finished, and you already know that the electricity is more expensive than the alternate ways to produce it, that's going to be a little discouraging, and, in fact, that's been the case for utilities around the world.
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| Yeah, that's a great question, Prosanta. Boy, I'm trying to put this succinctly and shortly. I think that there has been a feeling that experts in general have kind of let the US down, and that feeling is much more pronounced in the US than in most other countries. And I think that the considered opinion of what we call experts has been diluted over the last few decades by the unhealthy dominance of big money in our political system, which has found ways to really twist economic policy to benefit elites. And this sounds a little radical, but it's actually what has happened. |
