Rethinking the U.S. Surrender on Nuclear Power
Russia and China are racing to profit from an energy source developed—and overregulated—in the West.
The ghosts of Lenin and Mao might well be smirking. Communist and authoritarian nations are moving to take global leadership in, and profit from, the commercial use of nuclear power, a technology made possible by the market-driven economies of the West. New research and development could enable abundant, affordable, low-carbon energy as well as further beneficial products for industry and medicine.
Yet outdated and burdensome regulations and restrictions have stifled nuclear innovation in the U.S. and other Western nations, and are pushing these opportunities to China and Russia.