From a business perspective, private investors should be seen as the ultimate ”referees” on competing energy choices, using informed diligence and prudent criteria to determine which energy technologies can compete in the market with the best chance of generating revenues and profits. As Amory Lovins points out, the capital markets have already spoken. Private investors and project finance lenders have flatly rejected large base-load nuclear power plants and have enthusiastically embraced supply-side competitors, decentralized cogeneration, and renewables.
World Business Academy Founder Rinaldo S. Brutoco presents the moral and economic case against nuclear power, with a focus on the risks at the Diablo Canyon Nuclear Power Plant.
In the United States, unlike in Europe and Asia, discussion of hydrogen energy and fuel cells as systemic, game-changing technologies is largely absent. That needs to change.