Senator Voinovich questions John Rowe, CEO of Exelon, about new nuclear and low cost natural gas Video

On October 30, 2009, during a hearing about the Boxer-Kerry bill, Senator George Voinovich asked John Rowe, CEO of Exelon what he thought about the prospects for building a large number of new nuclear power stations in the coming decades.

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zassounotsukushi: He's entirely right that natural gas COULD stifle investments in alternative options by remaining cheap for the next 10 years. So let's just put all of our eggs in that basket, right?

atomicrod59: If we do all put our eggs into that basket, what are the chances that natural gas will REMAIN cheap? Based on what I learned in Econ 101, plus what I have learned by watching markets over the 30 years since then, is that increased demand for a supply limited commodity leads to increased prices.

Author: atomicrod59; Uploaded: Nov 1, 2009; Duration: 1:57; Views: 33

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