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Nuclear Energy

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nuclear power plant accident, in our opinion, a certain event. The only question is when, and<br />

where.” The three GE engineers announced that announced that they would now work full time for<br />

Project Survival, the organization coordinating the anti-nuclear referendum drive in California.<br />

These men were engineers who had spent most of their working life building reactors, and their<br />

defection galvanized anti-nuclear sentiment across Europe and America. xxviii<br />

And then, soon after, their occurred the Three Mile Island and Chernobyl disasters. The<br />

catastrophic consequences led to an explosion of protests against nuclear power plants the world<br />

over. They succeeded in not only bringing new nuclear plant ordering to a halt, but also forced<br />

cancellation of plants whose construction had already begun. In the US, all nuclear plants ordered<br />

after 1973 were eventually cancelled. xxix Many Western European parliaments (e.g. Italy, Germany,<br />

Sweden, Belgium) imposed a moratorium on new nuclear reactors and on phasing out existing ones.<br />

World-wide, more than two-thirds of all nuclear plants ordered after January 1970 were eventually<br />

cancelled. xxx<br />

The nuclear industry went into a tailspin. To give a few examples of the multi-billion losses<br />

suffered by the nuclear industry (much of which was transferred to the public): in 1983, the<br />

Washington Public Power Supply System abandoned three nuclear plants after sinking $24 billion<br />

into them; next year, a new nuclear reactor at Shoreham in Long Island, completed at the cost of<br />

$5.3 billion, could not be licensed and had to be scrapped. xxxi By 1985, Forbes magazine was<br />

calling nuclear power “the largest managerial disaster in history”; xxxii while energy expert Amory B<br />

Lovins, CEO of the Rocky Mountain Institute, has termed it the greatest failure in the industrial<br />

history of the world, which has lost more than $1 trillion in subsidies, losses, abandoned projects<br />

and other damage to the public. xxxiii<br />

The result was that since the late 1980s, worldwide nuclear capacity has risen very slowly:<br />

from roughly 320 GW in 1990, it reached just 366 GW in 2005, and has been hovering around that<br />

figure ever since. xxxiv<br />

Funding a “<strong>Nuclear</strong> Renaissance”<br />

By the beginning of this century, it was apparent that the nuclear power industry had entered<br />

into a long period of stagnation, and nuclear power was becoming a technology without a future. In<br />

a desperate attempt to revive its sagging fortunes, over the last decade, the global nuclear industry<br />

has launched a massive funding effort and propaganda drive to revive its fortunes. Helping it along<br />

has been the rise of deeply conservative currents in the politics of some developed countries, from<br />

the USA to Germany and United Kingdom, due to the deepening economic crisis there. (Discussing<br />

the reasons for this shift is beyond the scope of this essay.)<br />

In order to convince the people about the benefits of nuclear energy, the nuclear industry<br />

took advantage of the growing crisis of global warming and the increasing public awareness and<br />

concern about it, and launched a multi-billion dollar public relations campaign claiming that nuclear<br />

energy is the answer to global warming. It has been so successful in its propaganda campaign that<br />

today, every political leader in the world – from the President of the United States to the Prime<br />

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