Acton Institute Powerblog Archives

Post Tagged 'ralph nader'

Stossel on Nuclear Corporate Welfare

Channeling his inner Ralph Nader, John Stossel calls shenanigans on the GOP talking points touting the viability of nuclear power. As I noted in the context of a recent commentary on Obama’s promise of a new generation of nuclear reactors, Ralph Nader has asked a prescient question: “If these nuclear power plants are so efficient, so safe, why can’t they be built with unguaranteed private risk capital?” Stossel similarly says, “I like the idea of nuclear energy too, but if ‘America is on the cusp’ of a revival, then taxpayers shouldn’t have to offer billions in guarantees! Continue Reading...