One of the prerequisites for new nuclear power plants to become a reality in the U.S. is the backing of Wall Street. Antinuclear groups like to say that nuclear power isn't economical, but in the past year evidence of support from the financial community has been accumulating. Most recently, in its report "Cleaning the Environment" issued last month, Merrill Lynch said:
Utilities with sizable holdings of emission-free nuclear power plants are well-positioned for gains through the end of the decade as a result of more stringent air quality regulations that will affect other forms of electricity generation.
More of what the company said about nuclear is
here.
Time to check my investment portfolio...
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