"Pact Clears Way for Westinghouse to Build Nuclear Plants in China," Reports WaPo


My first cynical thought was:  Where's the "pact" clearing the way for building nuclear power plants in the U.S.? But perhaps there is hope. According to the Wall Street Journal, utility companies are planning to build 30 new plants. Why? The happy part of the answer is because utilities are responding to higher natural gas prices. The less happy part of the answer is that utilities want to gobble up the new subsidies in the Energy Policy Act of 2005.