Top Economist: Nuclear power is over — “Frankly I think from a business perspective it’s over, I think it’s over… here’s the situation” (VIDEO)

Title: Q&A with Jeremy Rifkin on nuclear power
Source: Wermuth Asset Management
Date Published: Mar. 1, 2013

Wermuth Asset Management, 5th Annual Investors Event
Question: What would be your view on nuclear energy? […]
Jeremy Rifkin*: [...] Frankly, I think from a business perspective, it’s over. I think it’s over. Let me explain why. There may be a lot of ideological issues, but from a business perspective here’s the situation […]

*CNN: “Internationally renowned economist”; Forbes: “Economist and energy visionary [...] advisor to the European Union and to heads of state around the world.”

Summary of Rifkin’s points:

• Won’t be the solution for climate change
• Don’t know how to recycle nuclear waste, other storage problems
• Cost
• Plutonium, terrorist threat
• We don’t have the water
• Centralized power, moving to distributed power