SC nuclear project comes in $550 million under budget

[kristopher]

4. Its a corporate scam to transfer risk to the public

Last edited Thu Aug 8, 2013, 05:29 PM - Edit history (1)

If the corporations had to accept the risk involved in building nuclear projects you can be sure they wouldn't happen. Florida ratepayers just found out they are on the hook for $3B given for 2 nuclear plants; 1 that will never be repaired as promised and one that will never be built.

That's 3 Billion (with a 'B') dollars.

Last time the nuclear bandwagon rolled around 30+ years ago they left ratepayers holding the bag for about 20 Billion (with a 'B') dollars of that era. Many are still paying for it.

Saves the ratepayers money my ass. ETA: Even the OP is a scam. "SC nuclear project comes in $550 million under budget" is the claim and yet the plant is already behind schedule and wont be complete for at least 4 more years. To say that this "SC nuclear project comes in $550 million under budget" is to claim that the project was completed with the stated savings. It's like saying horse #3 "comes in" first as it is running last 50 feet out of the gate.