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Originally Posted by cpal_747
Do you not see Watts Bar in his list? In order to construct that Nuclear power plant they had to borrow 28 billion dollars, from the original 30 that the government had promised them.
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OK. Is there a point here?
Like I said before. If governments didn't borrow money to get these projects done or at the very least, provide sort form of financial support, tax credits, subsidies, bonds, etc, they wouldn't happen.
Projects that will take a long time (IE - ten years) to complete are more prone to cost overruns, even if an inflation factor is included.
What I don't understand is if you are so "pro" Kyoto, why would you have any problem with government's borrowing money to construct nuclear plants? After all, they would reduce the amount of "greenhouse gas" emitted, wouldn't they?