Abstract

One might think that nuclear energy is a simple issue, with economists loving it and environmentalists hating it. But climate change complicates matters. Global warming reveals fossil fuels as the real problem. For reining in climate change, it would make sense to use any and all solutions that work; and nuclear power might presumably serve as a stopgap measure until the global economy can run on renewables alone. However, decades of tinkering with fission have not led to engineering breakthroughs. Fast breeder technology could not get off the ground, nuclear reprocessing turned out to be a dead end, safe underground storage facilities were never located, and what to do with nuclear waste continues to be an open question. Major accidents, as in Fukushima 2011, can happen. Insurance companies still demand liability protection when underwriting fission. And running nuclear reactors over time indicates that their economic competitiveness is not impressive. So climate change, engineering d ..