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The article says the energy company wouldn't share financials on the nuclear plant and some suspect it's actually profitable. That makes the bailout sound like
by aczerepinski 7y ago
The article says the energy company wouldn't share financials on the nuclear plant and some suspect it's actually profitable. That makes the bailout sound like a political handout to me as an outsider.
- TheHypnotist 7y agoIn this day and age and in their region, it's highly unlikely the Nuclear plant is actually profitable. Just as an example, look at the ZEC's in NJ.
- michaelbuckbee 7y agoEither way, the unwillingness to share actual financial data about the plants is bad both for the larger case for Nuclear energy and because they are asking for a bailout to keep in operation. How can someone possibly make an informed decision in this scenario: are they near profitability? millions/billions in the hole? Is there a horizon where they'll break even?