Climate Change / Global Warming & Investing Implications

[extelecom]

"It's highly risky, because of the regulations to try to build a plant. People don't know this, but you get yourself a design for a nuclear power plant, you start spending money for plans and engineering plans and everything, you get building, and all of the sudden, somebody can shut you down. And that makes it awfully difficult to take risk if a lawsuit can cause you to spend enormous sums of money and have no productive use of the money spent.
http://www.whitehouse.gov/news/releases/2006/05/20060524-5.html

From my original post on the risk insurance:
"This program will provide up to $2 billion in coverage to protect the builders of the first six new nuclear plants against the potential cost of regulatory or litigation-related delays.
http://www.investorshub.com/boards/read_msg.asp?message_id=13074410