As the United States, we need to get on the ball, and start moving with nuclear power or the industry will move on without us. Antinuclear and environmental groups have so distorted the dangers of nuclear power plants over the past thirty years, that it is difficult to compete and major contracts in developing nations are likely to go primarily to France and other nations with more progressive regulations that promote the technology in a safe way. Nations like India and China cannot wait 20 years for new nuclear plants to be built. The U.S. has some innovative ideas, such as new thorium reactors, but the extensive burden placed on power companies considering new power plant construction causes undue expense and long delays. This has a significant effect on how long it will take the United States to move away from fossil fuels. At the same time, we are not competing globally in a new, growing and promising industry. These things negatively affect the U.S. economy. We need to promote nuclear power now, and reformed and less stifling regulations.
While the U.S. has ratified the (CSC) convention, many other countries have not. Instead of trying to rebuild Americaâ€™s nuclear industry through subsidies, market guarantees, and risk socialization, the federal government should focus on more sustainable, market-based policies, such as opening the global market place to U.S. suppliers.