Publication

This paper examines the changes in the global nuclear industry in the aftermath of the Fukushima incident that has had a profound impact on public opinion and nuclear policy far beyond Japan. The author points out that because financial and other realities militate strongly against new nuclear construction, the nuclear industry is pushing to keep existing units operating as long as possible. The author argues that the future of the nuclear industry increasingly depends on cash-abundant state economies, healthy and wealthy utilities, experienced builders with a large knowledge base, favorable public opinion and generous safety authorities.