New Nuclear Plants Have Turned Into Money Pits

Oops sorry. That two-reactor nuclear power plant at Hinkley Point C you thought would cost $19 billion? It’s going to cost $26 billion now. Actually, make that $35 billion. Wait, sorry, no, the actual number is closer to $40 billion. When will it be ready for operation? Um, well, currently says French contractor, EDF, maybe 2027? Ish? More

The post New Nuclear Plants Have Turned Into Money Pits appeared first on CounterPunch.org.

This post was originally published on CounterPunch.org.