Energy Fair, 12 [Energy Fair, THE FINANCIAL RISKS OF INVESTING IN NEW NUCLEAR POWER PLANTS, www.energyfair.org.uk, March 2012 Energy Fair Email: email@example.com Phone: +44 (0) 1248 712962, +44 (0) 7746 290775 Web: www.energyfair.org.uk 23rdMarch 2012, http://www.nirs.org/neconomics/risks_of_nuclear_investment_published.pdf]
Political risk. Apart from the risk that politicians may decide to withdraw some or all of the subsidies for nuclear power,it is vulnerable to political action arisingfrom events like the nuclear meltdowns in Fukushima. That disaster led to a sharp global shift in public opinionagainst nuclear power and it led to decisionsby politicians in several different countries to close down nuclear power stations and to accelerate the roll-out of alternative sources of power. The next nucleardisaster—and the world has been averaging one such disaster every 11 years—is likely to lead to even more decisive actions by politicians, perhaps includingthe closing down of nuclear plantsthat are still under construction or are relatively new.