The Oil Drum | What happens when...

50 comments on What happens when...

Comments can no longer be added to this story.

| Show without comments | PDF version

TN Granny on December 7, 2005 - 10:08am

The article on Money & Energy is very interesting indeed, especially if you follow the link to the Forbes article by Huber behind it. It reminds me of a comment made by the TVA management at the srart of the disasterous TVA plan to build 20 nuclear plants in the 70-80s, when they bragged that 'electricity would be so cheap that it would cost more to meter it than to make it'. TVA is still trying to pay off the debt from that misadventure.

Comments can no longer be added to this story.

jkissing on December 7, 2005 - 11:50am

TVA ran into the buzz saw of much cheaper oil, which fell like a rock in 1981. The nation's existing nuclear plants are making a lot of money for their owners today, as fossil fuels, not least coal, rise sharply. And, little credit is given to the nukes for avoiding CO2 emissions, the value of which is incalculable.
If fossil fuel generating plants were taxed for the true cost of CO2 emissions, or for the future value of the hydrocarbons they burn, we would already be in a crash program to replace them with nukes.

Comments can no longer be added to this story.

50 comments on What happens when...

Comments can no longer be added to this story.

| Show without comments | PDF version

Search The Oil Drum with Google

Support The Oil Drum

Click the button to learn about supporting The Oil Drum with a secure donation.

Peak Oil Primers

Beware email scams!

Beware email scams claiming to be from this site. We do not have any job openings. If anyone contacts you about a job at The Oil Drum, do not reply to them, and definitely do not give them any personal information or send them money. Read more here.

“For a successful technology, reality must take precedence over public relations, for Nature cannot be fooled.”

—Richard Feynman