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To build a new nuclear plant costs a minimum of $7 billion today, and would take probably eight years from conception to completion. Most CEOs have about eight years in office, and there are not a lot of utility CEOs who would bet $7 million — which might be more than half the company’s market cap — on one nuclear project.br> Nevertheless, there are now more than a dozen license applications for new reactors before the Nuclear Regulatory Commission. Whether or not these proposals go anywhere will depend entirely on whether the general public achieves a better understanding of the technology. Concerned as he is with petrodictators, global warming, and world energy shortages, you’d think Friedman would spend more of his own time learning how “abundant, clean, reliable and cheap” nuclear technology can be.
A man of faith in a godless age is hitting Americans where it hurts.
Mr. and Mrs. American Spectator Reader, let P.J. O’Rourke talk sense to your kids.
In Britain, defending your property can get you life.
The debacle of this president’s administration is both a cause and a symptom of the decline of American values. Unless Congress impeaches him, that decline will go on unchecked. An eminent jurist surveys the damage and assesses the chances for the recovery of our culture.
It won’t take long for conservatives to scratch this presidential wannabe off their 2008 scorecard.
The American Christmas, like the songs that celebrate it, makes room for everybody under the rainbow. Is that why so many people seem to be hostile to it?
Was the President done in by the economy, or by the politics of the economy?
H/T to National Review Online