See, this is what we’re talking about: President-elect Barack Obama has put forth a goal to reduce carbon emissions in the U.S. by 80% by 2050, using $150 billion over 10 years to create a "clean-energy" future. Nuclear plants are the biggest producers of energy that doesn't emit any greenhouse gases. Not just biggest, but only one able to produce baseload electricity, that is, not hampered by when the wind blows or when the sun shines. Barron’s, where this came from, is chiefly interested in suggesting where their readership might invest their money – which we never recommend you follow unless you do your own research – but that impulse to sniff out the money leads to this tidbid: Notwithstanding the increased difficulty of obtaining financing since the credit crisis erupted, Cambridge Energy Research Associates has estimated that the potential for world-wide investment in clean energy, of which nuclear generation is the focal point, will reach $7 trillion...
Former blog for NEI featuring news and commentary on the commercial nuclear energy industry. Head to NEI.org for the latest blog posts.