Nuclear energy saves us all

By Barbara Kiviat | October 14, 2008 | +

Tonight at 9 p.m. CNBC will air a special called “The Nuclear Option,” which promises “to go inside the energy crisis.”

The energy crisis? Holy crap, the financial crisis is on the back burner! CNBC is returning to our previously scheduled programming—this is great news. We don’t have to wait up all night waiting to see who bails out what. No late-night press release from Treasury, no round-the-clock take-over negotiations.

Let’s just hope there’s not a meltdown. (Please direct all elbow jabs at Justin, from whom I adapted that line.)

Barbara!

Related Topics: Economy & Policy

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“Let’s just hope there’s not a meltdown. (Please direct all elbow jabs at Justin, from whom I adapted that line.)”

Financial meltdowns seem much more likely and costly than nuclear meltdowns. The frequency of a nuclear meltdown, if I correctly recall numbers I was familiar with a decade ago, is about once in 50 years. The consequences are arguably milder than most financial crises that we take note of. The frequency of these financial crises seems to be stacking up at about once in five years. No contest, if you ask me.
Dad

John Tierney had a good piece on Nuclear Energy in nytimes.com recently;

http://greeninc.blogs.nytimes.com/2008/10/07/a-new-image-for-nuclear-energy/

I really think that Obama’s approach is more likely to gives us more nuclear energy plants than McCain’s. McCain would be fought all the way by those concerned about the problems. Obama tries to solve the problems. I do think we need to build more nuclear plants but carefully. We also don’t want to block nuclear by setting unrealistic limits on waste disposal.