Reply #39: They are taking no risk, taxpayers and ratepayers are taking 100% of the risk

[kristopher]

Whaat you said isn't wrong so much as it isn't a response to the MIT remarks.

while there has been some progress since 2003, increased deployment of nuclear power has been slow both in the United States and globally, in relation to the illustrative scenario examined in the 2003 report. While the intent to build new plants has been made public in several countries, there are only few firm commitments outside of Asia, in particular China, India, and Korea, to construction projects at this time. Even if all the announced plans for new nuclear power plant construction are realized, the total will be well behind that needed for reaching a thousand gigawatts of new capacity worldwide by 2050. In the U.S., only one shutdown reactor has been refurbished and restarted and one previously ordered, but never completed reactor, is now being completed. No new nuclear units have started construction.

In sum, compared to 2003, the motivation to make more use of nuclear power is greater, and more rapid progress is needed in enabling the option of nuclear power expansion to play a role in meeting the global warming challenge. The sober warning is that if more is not done, nuclear power will diminish as a practical and timely option for deployment at a scale that would constitute a material contribution to climate change risk mitigation.