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The West is spending big on nuclear plants again – and taking taxpayers along for the ride.
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The West is spending big on nuclear plants again – and taking taxpayers along for the ride.
One question separates announced but purely hypothetical nuclear powerplants from those that actually stand a chance of being built: Who’sgoing to pay for them? In China and Russia, which dominated reactorconstruction for the past few decades, governments provided the funds.Advanced economies placed much greater emphasis on private capital. Thatapproach was intended to impose greater commercial discipline and protectthe public purse but led to v…
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