Industry Impact: Nuclear Plant Meltdowns

The Takeaway

The world is witnessing first-hand the potential dangers of nuclear energy, as Japan faces the threat of a nuclear meltdown at several power plants, including the Fukushima Daiichi nuclear power plant, just 140 miles north of Tokyo. An explosion rocked the plant in the following Friday’s earthquake. President Obama has been pushing nuclear energy as part of his new and clean energy policy, but the current events in Japan could be a setback. How will the disaster affect the industry? Jason Grumet is president of the Bipartisan Policy Center and has directed the National Commission on Energy Policy since 2001. He believes what’s happening in Japan doesn’t threaten expansion of the industry in the U.S. as seriously as some other industry factors.

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