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The New DU. Reply #12: When you are referring to sunk costs
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kristopher
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Tue Apr-13-10 03:26 PM
Response to Reply #11 |
| 12. When you are referring to sunk costs |
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you are talking about operating at a loss. That's the freaking point. The plants are destined for bankruptcy.
You can't plan and sell the investment based on selling X amount of power at Y price and then survive with either 1/2X at Y price, or X at at 1//2Y.
This is PRECISELY the scenario that the financial houses are warning their investors about. The ONLY way they recommend investing is with HUGE taxpayer and ratepayer subsidies taking ALL the risk away from the investor and placing it on the public sector.
Any way you cut it NUCLEAR POWER PLANTS ARE NOT A VIABLE ECONOMIC PROPOSITION.
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