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Nov3-10, 06:03 PM
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P: 3,104
Quote Quote by Astronuc View Post
As opposed to bank or investor imposed costs?! Note that banks and investment funds are not chomping at the bit on 'high risk' nuclear power plants, and I'm sure they'd want a hefty premium up front, and high interest rates.
Eh? As I understood the article, OMB was setting higher than reasonable, ie forcing higher interest rates than even private capital would have charged. That, and OMB was forcing additional guarantees. So, all above and beyond what would happen without federal involvement, say in China where total plant costs are much lower even though they are exposed to essentially the same world wide cost of capital.