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Recommend “Steven F. Hayward” - Weekly Standard: Against A Fossil Fuel Renaissance (Email)

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Steven F. Hayward

March 24, 2011

http://www.npr.org/2011/03/24/134818457/weekly-standard-a-fossil-fuel-renaissance

Steven F. Hayward is the F. K. Weyerhaeuser fellow at the American Enterprise Institute and author of the Almanac of Environmental Trends.

The catastrophe at Japan's Fukushima Daiichi nuclear power plant is being regarded as the atomic power equivalent of the Deepwater Horizon oil spill in the Gulf of Mexico, which set back offshore oil drilling just as it appeared on the brink of a substantial expansion. This means we've now come full circle, as critics of offshore drilling compared the Gulf oil spill to Chernobyl. At the very least the events in Japan are going to reinforce the reluctance of Wall Street to invest in new nuclear power in the United States, deter insurance companies from covering nuclear plants, and increase resistance on Capitol Hill to extending the loan guarantees the nuclear industry says are essential to kick-starting more nuclear installations.


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