Press Mention American City Business Journals Inc. (Charlotte) April 18, 2004
SACE Quoted
Duke is a likely player in new nuke program
In this mention
Duke Energy is expected to join a consortium of major utilities and nuclear vendors aimed at accelerating the licensing and construction of new nuclear power plants in the U.S. Stephen Smith, executive director of the Southern Alliance for Clean Energy, argues that nuclear power lacks economic justification and that waste storage and security issues remain unresolved, advocating instead for conservation and renewable energy sources.
Our analysis is that there isn't any economic justification for nuclear power. There are some vexing, real world issues regarding storage of waste and security that haven't been resolved.
Stephen A. Smith
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