Competition in the electric utility industry came after a nationwide flood of nuclear power cost over-runs. History is now repeating in Georgia and Florida, where popular reaction against uneconomic nuclear power is in bright contrast with support for solar energy. I wrote last week that the utilities resistance to solar makes sense only to the incumbent utility with an old business model. Read more >
Buyer Beware: Midwest Utilities Experience Coal Plant Sticker Shock; Will New Nuclear Do the Same for the South?
September 5, 2012 11:58 AM EDT
Don’t you hate it when you’re quoted a price for a new car over the phone or online, but when you get to the dealership they inform you the price is actually hundreds (or even thousands) of dollars more than they said it would be? Imagine how you’d feel if the price was millions or even billions of dollars more. Read more >