According to The Wall Street Journal, the rejection scuttled Entergy 's long-range plan to spin off the five nuclear plants it operates into a separate company that would have allowed the new entity to compete in the unregulated market for electricity. Rep. Edward Markey (D.-M&ss.) chairman of the Subcommittee on Energy and the Environment, asked the Government Accountability Office to review the NRCs licensing pnx:ess in a letter that lists everything that can possibly go wrong with nuclear power except a meteor strike. Since most of the cost of a power plant is in construction (fuel costs being relatively negligible), and most of the construction, complicating regulation further is simply "bending the cost curve" the wrong way.
U.S. Still Thwarts Nuclear Power Michael Avari Human Events; Apr 19, 2010; 66, 14; Docstoc pg. 11 Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.
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