Nuclear? Non, Merci

While recent events in Japan have the world all twitterpated about nuclear power, the facts remain the same.  Nuclear power is not economic in terms of return on investment.

While it is true that older plants create significant free cash flow, new plants are too expensive to build, resulting in negative returns on investment.  That is why  nobody has broken ground on a new plant in the US, because even with loan guarantees, plants need direct subsidies to make them work economically.

Maybe the situation is different in China in terms of plant costs, but in the US, new builds do not make sense.