...new nuclear plants are simply unfinanceable in the private capital market, and the technology will continue to die of an incurable attack of marke… - Amory Lovins

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...new nuclear plants are simply unfinanceable in the private capital market, and the technology will continue to die of an incurable attack of market forces—all the faster in competitive markets. This is true not just in the U.S., where the last order was in 1978 and all orders since 1973 were cancelled, but globally.

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About Amory Lovins

Amory Lovins (born November 13, 1947) is an American physicist, environmental scientist, writer, and Chairman/Chief Scientist of the Rocky Mountain Institute.

Also Known As

Alternative Names: Amory B. Lovins
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There are two kinds of micropower. One is co-gen and combined heat and power. That was about two-thirds of the new capacity and three-quarters of the new electricity last year. The rest was distributed or decentralized renewables, which was a $38 billion U.S. global market last year for selling equipment. That's wind, solar, geothermal, small hydro and biomass.... Micropower surpassed nuclear power in worldwide installed capacity in 2002, and surpassed nuclear in electricity generated per year just in the last few months.

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