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Summary: The approximate cost of nuclear energy is 25 to 30 cents per kilowatt hour, which is triple the cost for electricity rates in the United States. Find out how nuclear power is not yet cost-effective enough to be fully included in preventing a climate crisis with information from a political analyst and blogger in this free video on nuclear energy.
Bill Scher is a professional political blogger and one of the six original bloggers to have famously met with Bill Clinton at his Harlem office. He works for several Washington DC...read more
"Hi this is Bill Scher with LiberalOasis.com. What are the costs of nuclear power? Well, a new study came out in January 2009 by Craig Severance that defined the cost of nuclear power to be twenty five to thirty cents per kilowatt hour which is triple the current rates for electricity in the United States. There are advocates of nuclear power that note that nuclear power is not an emitter of carbon and therefore can be part of the solution for preventing a climate crisis and there is certainly an argument for that. In fact if you ask peace prize laureate Al Gore who won because of his advocacy to prevent a climate crisis, he will say that nuclear power... it's only going to be part of the mix, but because it is so expensive, it does not produce a lot of bang for the buck in solving our larger energy problems. So whatever value nuclear power does have it is mitigated by its excessive costs, not to mention the fact that there is still no long term solution for nuclear waste. We have temporary solutions for it right now, but no comprehensive solution. Some point to how France handles nuclear power. They have a very nuclear power dominated energy system because they reprocess the nuclear waste, but even the reprocessing leads to nuclear waste too that is actually highly radioactive, so even France has not fully solved this problem yet."
eHow Article: What Are the Approximate Costs of Nuclear Energy?