Friedberg says nuclear plant regulatory costs rose from $100 million to $10 billion over two decades.
“And now it is so cost prohibitive. It's something like $10,000,000,000 now from maybe, you know, a 100,000,000, you know, two decades ago.”
Friedberg says China has 400 nuclear reactor sites under construction, representing 60% of total US power production capacity.
“Suddenly, that's 60% of The US power production capacity being built right now in just nuclear by China.”