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The Impact of the National Environmental Policy Act on Nuclear Power Plants
Project Independence was announced in November 7 1973 and it was a commitment as you said to construct a thousand nuclear power plans by your 2000 in the United States. A big DC District, DC Circuit Court decision come out, what we called, I think, Calvert Cliffs versus the National Resources Defense Council and RDC, an anti-nuclear environmental group. And that basically said that the Atomic Energy Commission at the time had to take the National Environmental Policy Act much more seriously. This actually caused an 18 month pause in construction and new acceptances of operating licenses from the AEC. Coupled with a real environment of real inflation and labor shortages in the US economy writ large,. We just watched productivity