Businesses know carbon dioxide will be regulated in the future and would rather make it part of the cost to build a new plant now rather than wait and have to add technology. These plants are 40- to 50-year investments. |
There are a lot of parallels between coal and nuclear energy. The plants are really expensive to build and there's an issue about disposing of large amounts of [carbon dioxide] waste that could get really costly. |
With nuclear and hydro resources pretty much tapped out, it comes down to a debate between coal and gas. |