The Nuclear Solution to Climate Change

I argued repeatedly that nuclear power should not be considered a solution to climate change – due to environmental and financial concerns (for a summary, see here). Today I found an interesting article concerning the financial side, which is very important, since it is often argued that nuclear is the cheapest energy source we have. Here an excerpt:

There has been ample discussion in recent years of a “nuclear renaissance,” and many politicians and energy analysts believe that a meaningful response to climate change must include a new fleet of nuclear plants in the United States. The long-term planning studies that routinely come out of utilities, advocacy groups, and the Department of Energy now commonly include new nuclear units. However, many of these studies use nuclear and utility industry cost estimates for new nuclear plants, rather than estimates based on the actual experiences of companies currently trying to build nuclear power plants. Given the dollars and the environmental impacts at stake, it is critical that planners make resource decisions using the best information available. [more]