Originally posted by: dullard
Originally posted by: K1052
The last energy bill kickstarted the nuclear industry again.
The rise in oil price will handle many of the points you laid out without government intervention. The market will respond.
The market will respond, but it is very sluggish (look at the years that Ford and GM are preticted to struggle) and it cannot always get through government red tape. Thus it needs assistance from the government.
For example, my hometown (Columbus, Nebraska) had nuclear energy. I knew several nuclear engineers. But that plant was shut down due mostly to government red tape. The red tape just made it unprofitable. One of my friends had a father whos job was to collect all leaves that landed on the plant's propery. Why? Red tape labeled those leaves as low level nuclear waste that must be properly disposed of. Where the leaves ever tested for radiation? Nope. They are less radioactive than the salt in your kitchen. But it still needs to be collected and stored forever. Then suddenly we have a huge storage problem and endless debates over where to put it. A simple government provision stating that the items can be tested for radiation and disposed of in normal ways if they aren't radioactive would instantly end the storage problem and dramatically reduce costs for nuclear power. It would suddenly be economically desirable, and the market will respond.
As this is a gas thread, we need more refineries. Red tape again is holding them back.