Archive for the ‘Economics’ Category

Three Cheers for Nuclear: Why the Japanese Nuclear Crisis Should be a Boon for Nuclear Energy – But Won’t

March 26, 2011 1 comment
Nuclear power plant in Cattenom, France

Image via Wikipedia


Imagine two nuclear power plant designers chatting at lunch during the construction of the Fukushima nuclear plant in Japan.

“This is going to be awesome!  Lots of green, carbon-emission free energy!”

“Yeah, but what about nuclear meltdown, like Chernobyl?”

“First of all, it would take a hugely improbable event, like a huge 9.0 earthquake, followed by a tsunami, to damage this place.  And even if that happened, remember that we have a containment structure.  There was no containment structure in Chernobyl.”

Fast forward to today.

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Why Thomas L. Friedman’s Gas Tax Idea Stinks

March 12, 2011 1 comment

Columnist and author Thomas L. Friedman recently proposed a $1 per gallon gas tax in his NY Times column.

Said he:

The smart thing for us to do right now is to impose a $1-a-gallon gasoline tax, to be phased in at 5 cents a month beginning in 2012, with all the money going to pay down the deficit.

The bottom line is that this idea stinks.

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