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kristopher Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-09-11 10:28 PM
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3 Reasons to Avoid Nuclear Power
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After commenting on the proplem Fukushima created for the nuclear industry, this Motley Fool

3 Reasons to Avoid Nuclear Power
By Travis Hoium, The Motley Fool
Posted 10:39AM 12/09/11 Investing

For safety's sake
Whether it's mechanical failure, human error, or a natural disaster, there are major risks associated with nuclear plants. Boosters may count these as one-time events, but they've happened more than once, and with Japan looking at billions of dollars to rebuild what was lost after the Fukushima Daiichi disaster, the risk should be a major factor in any investment.

Costs are rising, not falling
The cost per watt of nuclear energy is lower than that of many other energy sources, but the costs are heading in the wrong direction. When NRG Energy (NYS: NRG) nixed its planned nuclear expansion, rapidly rising cost estimates were a major factor. Estimates tripled in the planning stage, making the power that would be delivered less cost effective.

Nuclear also benefits from a variety of government subsidies including limited liability, without which nuclear would be nearly impossible to build. And NRG was counting on a government loan guarantee to complete its plant. Compared to other alternative energy sources like wind and solar, whose costs are falling, nuclear is headed in the wrong direction.

It's a dying business
A look at how financial markets view nuclear power may give even the most hardened supporters pause. Rating agencies have downgraded companies with nuclear assets, and nuclear stocks have plummeted this year.

Investors should also consider that...

The Fool's opinion can be read in full here:
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