REPORT: 100 NEW REACTORS WOULD RESULT IN UP TO $4 TRILLION IN EXCESS COSTS FOR U.S. TAXPAYERS AND RATEPAYERS Read the June 18, 2009 news release. Read the new report by economist Dr. Mark Cooper, a senior fellow for economic analysis at the Institute
The Smarter Approach to Nuclear Expenditures (SANE) Act of 2012 will: • Cut the current fleet of nuclear submarines from 12 operational at sea to eight operational at sea ($3 billion savings) • Delay the purchase of new nuclear submarines ($17 billion savings) • Reduce the number of ICBMs ($6 billion savings) • End the nuclear missions of air bombers (up to $17 billion savings) • Delay new bomber program ($18 billion savings) • Cancel new, wasteful nuclear weapons facilities ($15 billion savings)
Hans M Kristensen: "In addition to modernizing the warheads and the production complex, the Obama administration has also pledged to spend “well over 100 billion dollars” on modernizing some of the missiles, submarines and bombers designed to deliver the warheads."
REPORT: 100 NEW REACTORS WOULD RESULT IN UP TO $4 TRILLION IN EXCESS COSTS FOR U.S. TAXPAYERS AND RATEPAYERS Read the June 18, 2009 news release. Read the new report by economist Dr. Mark Cooper, a senior fellow for economic analysis at the Institute for Energy and the Environment at Vermont Law School.