David Kemp, research fellow at the Cato Institute, is available to provide perspective on the coverage of New York’s newly announced nuclear power project.

While many applaud nuclear expansion, David argues that subsidizing costly nuclear builds is a risky move that puts taxpayers on the hook—again. 

In his words:

“While President Trump has indicated a commitment to reducing regulatory burdens, Governor Hochul and other officials should resist obligating more subsidies to nuclear power plants. The high historical cost of nuclear power stems from more than just overregulation. When subsidized nuclear projects run over budget or behind schedule, as they typically do, taxpayers bear the burden. Instead, government officials should focus their efforts on removing barriers to privately funded nuclear development, avoiding socializing the risk.”

David can speak clearly to:

• Why nuclear cost overruns are more than just red tape.

• How government subsidies distort market signals and innovation.

• Historically nuclear costs are not worth the zero-carbon benefit of nuclear power.

Please email pr@​cato.​org if you are interested in speaking with David or want a short op-ed or quote for your story.