Radioactive? On the Role of Nuclear Power in UK
_NEW: follow the development of the new web-presence wolframscharnhorst.blogspot.com reprint The global rebirth of nuclear power was meant to be well under way by now, writes Jim Green. But in fact, nuclear's share of world power generation is on a steady long term decline, and new reactors are getting ever harder to build, and finance. The only real growth area is decommissioning , but that too has a problem: where's the money to pay for it? The UK's planned Hinkley C nuclear plant is looking increasingly like a dead duck - or possibly parrot. As the Financial Times reports today, Parliament's Public Accounts Committee has abandoned plans to examine the 'value of money' Hinkley C offers taxpayers - because no deal has been reached and none is expected before the general election in May. In other words, all that bullish talk about Hinkley C launching Britain's ' nuclear renaissance ' has melted away like a spring frost in the morning sun. There