In economics we use a term called comparative advantage: Generally speaking, it is the theory that countries should specialize in the production of goods and services they can produce most efficiently. Sounds simple enough, right? It is often linked to that taboo word, globalization. While globalization is largely responsible for …
The Heritage Foundation on Tuesday released the above chart headlined U.S. a Nonstarter in Nuclear Power. The point of the chart was to show those who continue to question the value of nuclear power that other countries are making concrete decisions and moving forward in earnest. Unfortunately, some felt the chart …
A few days after Senator Barack Obama welcomed the idea of building new commercial nuclear reactors in the United States, he criticized Senator John McCain for proposing to build 45 new reactors by 2030 without a solution for nuclear waste. Speaking in Las Vegas, Nevada he disparaged McCain for offshore …
The United States has 104 commercial nuclear reactors providing about 20% of the nation’s electricity, but throughout their lifetimes, they’ve accumulated about 58,000 tons of nuclear waste. They produce about 2,000 tons annually. Although recent developments are promising, Yucca Mountain has been a political boondoggle for decades. The Nuclear Waste …
