hat tip Nukefree.org
Nuclear Power, The Economic Dirty Bomb Aug 16, 2011 - 12:06 PM
[Excerpted] Within the next 15 years as many as 100 industry standard 900 MW nuclear reactors, concentrated in the "old nuclear' countries will have to be decommissioned, dismantled and made safe - unless the sinister farce of reactor operating lifetime extensions goes on playing. In some countries, especially Germany, Switzerland and probably Japan this farce has already ended or could end very soon. When it does, nuclear debt will go into overdrive from its already high gear shift setting
Nuclear power is capital intensive, lives on subsidies, thrives on false hopes and dies in debt.
Putting a figure on how much the nuclear "decomm" story will cost is in fact impossible - and is signalled by the tell-tale anticipative action of nuclear friendly governments, for example the UK, which now sets decomm as an activity that will only need to start a generous or foolhardy 30 or 40 years after the reactor was powered down and removed from the national power grid. Until then, the reactor can stay on the horizon as a contribution to national culture, or something. Decomm periods could or might be as long as 125 years, according to some nuclear apologists: why not 250 years ?
read the entire article here http://www.marketoracle.co.uk/Article29928.html