Nuclear Investment Demands CO2 Charges: CBO

Law360, New York (May 5, 2008, 12:00 AM EDT) -- Even as some industry analysts look forward to an imminent nuclear renaissance, increased investment in and use of atomic power will likely remain financially unattractive until carbon dioxide charges of $45 per metric ton are levied, according to the Congressional Budget Office.

The office published a new study Friday, called “Nuclear Power's Role in Generating Electricity,” was written by Justin Falk of the CBO Microeconomic Studies Division.

The study noted to congressional incentives to invest in nuclear power and the incentives implemented in the Energy Policy...
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