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Item Details
Title: ATOMIC ENERGY COSTING
By: Warren Young
Format: Hardback

List price: £129.99


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ISBN 10: 079238329X
ISBN 13: 9780792383291
Publisher: KLUWER ACADEMIC PUBLISHERS
Edition: 1998 ed.
Series: Topics in Regulatory Economics and Policy v. 29
Pages: 125
Description: Deals with atomic energy costing on three levels: patterns, parameters, and politicization of atomic energy costing. The Introduction to this book provides an overview of some of the debates on the early costing of atomic energy.
Synopsis: In the centennial year of the birth of Sir John Cockcroft, first master of my Cam- bridge College, Churchill, and the first man to split the atomic nucleus by artificial means, it is indeed relevant to consider the outcome of his efforts at developing atomic power. From the earliest days of the construction of Calder Hall-the first nuclear power station in Britain-and the establishment of the British Atomic Re- search Center at Harwell, and the Chalk River Nuclear Station in Canada, through the "Windscale" nuclear accident in Britain, up to the present, when some 20% of UK energy is derived from nuclear power, the Cockcroft legacy is felt. As the British historian Mark Goldie put it, in the "pure and sanguine 1950s," Cockcroft had almost absolute "faith in 'peaceful atoms' and in the boundless, almost cost free, energy that atoms would soon produce" (Goldie, 1997, p. 21). But, as the eminent economist Frank Hahn recalled, "the only failing Cockcroft had" was "that he wasn't up to much in economics." Indeed, Hahn recalled that he "had to explain" to Cockcroft "the economic notion of optimum durability" as it related to the "interest rate" in the context of building Churchill College with "hand-made bricks. " After his explana- tion, as Hahn recalled "Cockcroft smiled and proceeded to order more hand-made bricks" (Hahn, 1997, p. 27).
Illustrations: biography
Publication: US
Imprint: Kluwer Academic Publishers
Returns: Returnable
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