Greenspan Endorses Nuclear Energy at CERA Conference

Alan Greenspan last week strongly endorsed nuclear energy as part of a future energy portfolio that provides clean power to the electricity grid and reduces U.S. dependence on foreign oil.
Speaking at Cambridge Energy Research Associates’ (CERA) week-long energy conference in Houston, the former Federal Reserve chief said that nuclear energy is part of a strategy that he would recommend to the new president of the United States to reduce our dependence on imported oil.
Greenspan’s solution to break our reliance on oil includes market adoption of electric plug-in vehicles along with the infrastructure to power them. When asked by CERA Chairman Dan Yergin how plug-on vehicles should be fueled, Greenspan said, “No question about it—nuclear power.”
He acknowledged that the United States must continue to work toward a successful program for used fuel management, but Greenspan believes it is a “resolvable problem. The French seem to have taken care of it … and we can, too.”