Econ Club: It's about logic, not emotion.

Under the guise of Econ Club, I have sat in many of bars alongside peers and professors, attempting to solve the world’s problems with economic logic. Couched primarily in economic topics, attendees are encouraged to be blunt, using logic not opinion to discuss current events. It is because of the success of these meetings and encouragement from past participants that I am moving Econ Club into blog form. As such, post articles, comment on them and of course keep a refreshing beer nearby.

Thursday, June 19, 2008

The Glowing Future

Sen. John McCain made his case yesterday for the construction of 45 new nuclear reactors in the U.S. by 2030 and perhaps a total of 100 new reactors total. His case seemed base, at least in part, on the fact that if other nations are using nuclear energy, then the U.S. should. Also, the mention of China, Russia, and India is likely to stir up good ol' national pride in some (but not all) McCain supporters. Is nuclear energy the solution, and how would the industry and government deal with an increase in spent nuclear fuel? Can any administration put this into action without seeming to pander to the nuclear industry? The comment by Weiss makes one think this problem would arise.

http://www.nytimes.com/2008/06/18/us/politics/18cnd-mccain.html