It’s no longer NIMBY – “not in my backyard”.  The new and improved source of nuclear energy may just turn out to be IMBY – “in my backyard”.  And with the mini-nuclear units buried underground for the next 20-25 years, perhaps this is the way to go.  It’s clean, it’s relatively cheap, and it’s deadly.  Yes, deadly, says a good friend of mine who happens to be an expert with energy.

Remember Chernobyl?  Anyone?

But, in terms of dollars, the Current Way costs $5 billion to provide electricity for 800,000 homes.

The New Way will cost $50 million to provide electricity for 20,000 homes.

Here’s the math: The New Way costs only 40% that of the current way.  In other words, for every 8 houses, what used to cost $50, now costs $20.

Maybe we’ll figure out a way to make these things nearly failure-proof.  Just maybe. 

What are your thoughts?  Pro-nuclear?

Here’s the full story written by Brian Dumaine of Fortune magazine.  Click the logo below to go to the story.