Bulletin: German nuclear exit delivers economic, environmental benefits

Thursday, November 1, 2012 - 10:01 in Mathematics & Economics

Following the accident at the Fukushima Daiichi Nuclear Power Station in 2011, the German government took the nation's eight oldest reactors offline immediately and passed legislation that will close the last nuclear power plant by 2022. This nuclear phase-out had overwhelming political support in Germany. Elsewhere, many saw it as "panic politics," and the online business magazine Forbes.com went as far as to ask, in a headline, whether the decision was "Insane—or Just Plain Stupid."

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