There is a long tradition of providing massive subsidies for nuclear power in the U.S. Between 1948 and 1998; more than $66 billion was spent on nuclear energy research and subsidies.1
Unable to produce nuclear power at a profit by themselves, plant operators have resorted to intensively lobbying members of Congress to preserve unjustified subsidies for the normal costs of doing business. Private investors stay away from nuclear power because production of nuclear-fired electricity costs at least four times as much as other conventional energy sources. Where private investors recognize a bad deal, the federal government continues to recklessly spend taxpayer dollars.
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