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Correspondence: Philip Moore.(REACTION TIME)(Critical essay)
- Article from:
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Quarterly Essay
- Article date:
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March 1, 2008
- Author:
- Moore, Philip
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Copyright informationCOPYRIGHT 2008 Schwartz Publishing Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Ian Lowe's essay is strong on assertions but weak on factual evidence. He tells us that nuclear power is too expensive (p.3 and many other places), the economic case for nuclear power is very dubious and is usually based on a careful selection of past evidence or heroic assumptions about future costs (p.3), the economics don't stack up (p.19), there is no economic case for it (p.19), it is at least double and perhaps three times the price of coal and gas (p.35), it costs much more than some renewables (p.36), and economists can't see any way of making the costs look credible (p.66). There is more, but you get the point. He correctly says that comparisons of economics are ...
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