Some Economic Consequences of Nuclear Power

clear power development during the last year or two discloses a new mood of optimism among those concerned with this subject. According to a number of informed scientists and observers, power produced from either dual or single purpose reactors seems to be within the margin of economic feasibility. Whether or not the government implicitly or explicitly subsidizes the production of power, by purchasing fissionable materials, by underwriting or directly assuming construction costs of nuclear installations, or by other methods, these persons contend that nuclear power can be produced within the relatively near future at a cost which would be competitive with power produced in the higher cost areas of the United States and other parts of the world. Further, it is held that, as sources of fossil fuels become more and more ex

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