The ongoing Japanese nuclear disasters have been a gut punch to the nuclear energy industry. Its particularly true in the U.S., where utilities were gearing up to build a new wave of nuclear plants, more than 30 years after the core meltdown at Three Mile Island stopped industry building plans dead in their tracks.
The continuing release of information about the debacle in Japan is like a slow drip-drip-drip, wearing away support for new American nukes. The latest drop was dripped yesterday, when it was revealed that emergency vents at the crippled Japanese plants failed to work. The reason thats extra bad news for the U.S. nuke industry is that American officials have repeatedly said that such vents would prevent catastrophic hydrogen explosions at U.S. nuclear facilities. Like I said, one more drop just one, but theyre adding up pretty quickly.