Ontario's power glut means possible nuclear plant shutdowns

[kristopher]

12. Military spending was not included in the 1%

Nuclear:
In considering how best to quantify nuclear data, we considered multiple sources and decided to use the analysis conducted by lifelong energy analyst and consultant Marshall Goldberg, a resource planner with a broad background in resource and land use policy and impact analysis. In his work, Goldberg includes principally the costs of regulation, civilian R&D, and liability risk-shifting (the Price-Anderson Act), while also taking into account both payments from the government to industry and government receipts from industry— thus coming up with a net annual figure for every year from 1947 to 1990. Although “on-budget” expenditures for the nuclear industry have been enormous, we especially value Goldberg’s analysis because he attempts a rigorous quantification of the “off-budget” value of the Price-Anderson Act of 1957, which “provided federal indemnification of utilities in the event of nuclear accidents, thus removing a substantial (and perhaps insurmount- able) barrier to nuclear power plant development.”29

Congressional testimony at the time of passage confirms the importance of Price-Anderson:

For instance, the Edison Electric Institute noted “We would...like to state unequivocally that in our opinion, no utility company or group of companies will build or operate a reactor until the risk of nuclear accidents is minimized.30

what would jefferson do? - pfund and healey, september 2011, dbl investors, key historical subsidies by sector, pg 22

I should have known better than to accept any premise offered by PamW.