Ned,
You know perfectly well that nuclear power is not price-competitive, unless there is either high taxation on the production of CO2 or the decommisioning costs of the plants are ignored.
The US's best bet to do something about their CO2 emissions would be to do something about the appalling inefficency of their energy production.
The US uses 46% more energy than the EU to make a dollar's worth of income.
And it create's 10% more CO2 per unit of energy it uses than the EU does.
At present the market does not support curbing pollution (indeed it never supports it when the pollution can be dumped onto a 'commons') so there is a clear case here for government intervention (assuming, of course, that a reduction in pollution is desired).
The intervention should be market-based and as transparent as possible to mitigate any economic harm, but intervention there should be.
It is only a mild exaggeration to say that the US's refusal to do anything about it's CO2 pollution is viewed in Europe with the same dismay as, say, the export of nuclear technology to Iran would be by the US.
You know perfectly well that nuclear power is not price-competitive, unless there is either high taxation on the production of CO2 or the decommisioning costs of the plants are ignored.
The US's best bet to do something about their CO2 emissions would be to do something about the appalling inefficency of their energy production.
The US uses 46% more energy than the EU to make a dollar's worth of income.
And it create's 10% more CO2 per unit of energy it uses than the EU does.
At present the market does not support curbing pollution (indeed it never supports it when the pollution can be dumped onto a 'commons') so there is a clear case here for government intervention (assuming, of course, that a reduction in pollution is desired).
The intervention should be market-based and as transparent as possible to mitigate any economic harm, but intervention there should be.
It is only a mild exaggeration to say that the US's refusal to do anything about it's CO2 pollution is viewed in Europe with the same dismay as, say, the export of nuclear technology to Iran would be by the US.
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