> We stopped because people were scared of nuclear, This is the usual line nuclear advocates use, but it doesn't fit the facts. Nuclear stopped because it bec

> We stopped because people were scared of nuclear, This is the usual line nuclear advocates use, but it doesn't fit the facts. Nuclear stopped because it became clear it wasn't competitive with alternatives. There were large cost overruns, increased risk from demand growth slacking, and large new sources of power becoming available from PURPA and natural gas. As the famous Forbes cover story said: “The failure of the U.S. nuclear power program ranks as the largest managerial disaster in business history, a disaster on a monumental scale. The utility industry has already invested $125 billion in nuclear power … only the blind, or the biased, can now think that most of the money has been well spent.” Forbes: Nuclear Follies, February 11, 1985