A post-VY economy: Boom or bust?

From The Commons:

Robert “Jake” Stewart, one of the charter members of the New England Coalition on Nuclear Pollution (NEC), believes that the economic impact of Vermont Yankee’s closure cannot outweigh the consequences of a disaster at the plant. He also reminds people that the decommissioning process will require skilled employees.

But he said that, ultimately, people need to conserve energy.

“We need to stop the increase of energy use,” said Stewart, who worked with solar power in the 1970s, and remembers the Arab oil embargo and the gasoline shortages that ensued.

Stewart said new technologies exist that can help with conservation. People should also develop more “energy efficient systems,” and governments could provide more incentives to people developing alternative energy and technologies.

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