Monday, August 12, 2013

FOUL: Loss of Florida nuke plant is big news in Missouri : Stltoday

FOUL: Loss of Florida nuke plant is big news in Missouri : Stltoday

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snip

  Lawmakers in Missouri would do well to read up on the latest development with Duke Energy Corp.’s planned $24 billion nuclear plant in Florida. On Thursday, the largest utility in the U.S. scuttled plans for the plant, even after Florida consumers had already been charged more than $1.5 billion in fees to pay for it.

That the plant won’t be built shouldn’t be a huge surprise. Utility executives, the honest ones, at least, knew even before the natural gas fracking boom that it makes no financial sense to build huge new nuclear power plants.
Why does this matter in Missouri? Ameren Missouri tried to get Missouri lawmakers to do exactly what Duke got Florida lawmakers to do: Bilk consumers into financing risky

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