frankly, the nrc changed the rules on them in midstream and told them they had to go back and reconfigure. that added to the cost. simultaneously, the overall economics began to fall out of the bottom as we saw new plants go by the wayside. it came to a point where it was not given that time, especially with the ridiculously high interest rates, it was not economical to build such a facility. it was a decision by the industry. from a public policy standpoint, president ford did it during the campaign. it was followed up on by president carter. he took it off officially. but president reagan came back three years later and said to have at it. but the economics have changed. >> by then, it was too late. >> it really comes down to price. >> i still blame jimmy carter. [laughter] thank you, senator. >> the other problem that seems to stand away is economics. what are we going to do to make sure that senator alexander's bill is actually implemented once enacted? how much is it going to cost? what will we have to do to the permitting and regulatory process? are we going to have to enact some li

you had several attempts to build commercial reprocessing facilities at the time frankly, the nrc changed the rules in midstream. they said you had to go back and reconfigure. simultaneously, the overall economics began to fall out of the bottom as the saw new plants go by the wayside. it came to a point where it was franklin not given the time. it was not economic to build such -- it was not economical to build such a facility. from a public policy standpoint, president ford did it during the campaign and followed up by president carter. officially, president reagan came back and said to have that. but the economics have changed. they're barely comes down to price. >> i still when jimmy carter. >> thank you, senator. [laughter] >> the other problem that seems to stand away is economics. what are we going to do to make sure that senator alexander's bill is actually implemented once enacted? how much is it going to cost? what will we have to do to the permitting and regulatory process? are we going to have to enact some litigation shortcuts so that even when the agencies get on board and w

is it turned out, some diligent members of that nrc committee went back in found a dissertation on which mr. douglas' signature appears finding the opposite. in fact one of his doctoral students dissertation found a sevenfold increase in osteosarcoma risk in young boys in the preadolescent growth spurt basic they had been drinking fluoridated drinking water. a complaint was raised about professor douglas' testimony in harvard investigated this. finding that he did not "intentionally and "commit a scientific misconduct, but harvard has sequestered all the documentation of ground that investigation. and come up jester douglas was taking money from colgate for many years in contributed millions of dollars to harbored so there are issues to be dealt with baronette in u.s. well. >> let's go back to the gentleman in the far back and then the lady here and we will come back to the front. >> i had the good fortune of having read your book. you are to be graduated and your mother should be very proud. this is a follow-up question but the vioxx study appeared in the new england journal of medicine

frankly, the nrc for perhaps good reason to change the rules on them in midstream. by the way, you have to go back and reconfigure. that added precipitously to the cost. simultaneously, the overall economics began to fall out of the bottom, as we saw new plans go by the wayside. and it came to a point where just frankly was not, given that time, especially with ridiculously high interest rates that make today pale in comparison, it was not economical to build such a facility. it was, franca, it was a decision by industry and, yes, from a public policy standpoint actually president ford did it during the campaign and followed it up by president carter when he was inoculated, took it off officially. president reagan came back three years later and said okay, have at it. but the economics have changed. >> by then it was too late. >> so it really comes down to price. >> i still blame jimmy carter. [laughter] >> thank you, senator. >> the other problem that seems to stem is the economics and so what are we going to have to do to make sure that the senator alexander's bil

the nrc is in the midst of reviewing license applications under a approved but untested licensing regime. all the reforms and improvements look great on paper but until the first construction operating license is issued not many utility boards are going to commit up a quarter of an company's value on a single project. the one policy that looks to address this issue with the greatest affect and efficiency is the loan guarantee program applicable to new nuclear reactors. while progress in this program has been slow since it was nooktd almost four years ago, it's not possible to overstate how crucial this program is for some new construction. especially for utilities operating in deregulated states. if there is to be the massive commitment to new builds that some have called for it must be expanded and modified as is done in the comprehensive energy legislation that was favorably reported by the energy resources committee several of you are members of last week. it is important to address the role the federal government supporting any energy source for a project. we firmly believe that the