nuclear

Brave New Nuclear World

The review of plant economics and subsidies (and therefore the references to Earth Track's work on nuclear subsidies) was included in the first part of this article. Part 1 is accessible here; the second part, addressing reliability and energy security issues can be found here

Excerpt from Part 1 below:

Subsidies to Nuclear and Biofuels Among the Most Costly Carbon Abatement Strategies.

Provides subsidy cost per mt CO2eq abated via goverment supports to biofuels (including cellulosic) and nuclear energy.  Integrating data from McKinsey & Co. on abatement options, demonstrates subsidies comprise the least efficient options for addressing climate change. Prepared for Greenpeace Solutions.  (June 2008).

Ten Most Distortionary Energy Subsidies

Government policies should work in tandem with market forces to achieve an adequate energy supply mix that is cleaner and more diverse than what preceeded it. In reality, thousands of government policies in place around the world act counter to stated objectives regarding energy security, diversification, and environmental protection. Based on past work by Earth Track, and querying subsidy experts from around the world, this paper highlights ten global subsidies deemed particularly eggregious.