
Energy Doc Episode #5: Advanced Nuclear Solutions & Prescriptions for Solving the Crisis
Macro Voices
Decommissioning Nuclear Power Plants - An Example of Overregulation
The rules for decommissioning nuclear power plants serve as another example of how well-intended but ill-conceived regulations can undermine rather than advance the interests of the people. Decommissioning that perfectly good operating nuclear power plant takes desperately needed electric generation capacity off the market, causing electricity prices to rise and allowing the utility to make higher profits from their coal burning power plants which pollute the atmosphere with carbon emissions. The overall problem is that public hysteria about the safety of all things nuclear has led to the creation of an incredibly ineffective and inefficient government bureaucracy. What's needed is a joint effort between government and private sector interests to modernize and reform nuclear power regulation. I'm not suggesting