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The cars and trucks thrown around like so many toys. houses of fishermen defend stated with debris, and unof many boats that swept up from the harbor sitting on the streets. for the survivors of the disaster it s nothing but challenges. there is no water, power or heat in the town. food and fuel is in short supply and there are new worries from up the coast. nuclear activity leaking causing most residents to worry. if radiation reaches this point we ll be affected. i have no choice but to believe in the authorities. reporter: the people of the town work to clear the damage as they look forward to an uncertain future. alisyn: more about the anxiety there. bill: can you imagine the ....
Plants to keep up with demand and the disaster in japan will make that even harder. what we ll have to think harder about, whether the new plants, obviously, modern designs, more formidable and so on, whether they make sense or not. so, here s what to expect. an immediate review of existing plant redundancies, also, a more rigorous relicensing of old plants. a possible halt in new construction and a suspension, in the permitting process, so, economical economically, moody s said the situation in japan creates uncertainty for investors and politically, if environmentalists decide the risk is too great, and some democrats withdraw their support for the federal subsidies, the industry requires, nuclear is going to be very hard going forward, as important as it is to our electrical supply. back to you. william lajeunesse, thank you. bill: he lays out the debate ongoing now and has been, frankly for decades. ....
Sure they meet modern-day standards. bill: the reality of all of this is we need energy for our daily lives and that is the way we are built. you think about coal plant and the coal disaster. and, it is unfortunate, when miners go down there, and frankly risk their lives. no, the fundamental reason we have nuclear power is because it has proven to be safe in the u.s., over the last 30 years, and is highly reliable, and, 90% capacity factor and is a source of fuel that provides energy stability and energy security and those these things still remain. bill: linda, what about the point the germans are making? they have been back-tracking for 20 years and now angela angela merkel says, everything will be on pause until we see what happens in japan, is that an overreaction? and, i think that is a responsible thing to do, and ....
Reliable and now, take that away, and the politics and economics change, here s why. huge discoveries of natural gas have already made nuclear more difficult sell than even three years ago. new nuclear plants do not pencil out, unless they are supported by taxpayer guarantees on the front end for bankers and the back side for liability insurance and all ready this morning, standard & poor s warned clients of a higher risk of plant cancellations and delays because of the disaster in japan. worst case is, a melt down and, regardless of the actual physical consequences on the ground, in japan, the fact of a melt down could result in a situation similar to what happened in the country after three mile island. so, where are we now? currently the u.s. gets a 5th of its leck traefelectricity from r plants and a 5th are getting 30 years old and, we need 20 new ....
A disaster from the beginning. right down to the construction it was built on. it had no containment wall. in japan we have seen containment walls have been critical. so far it does not appear to be that level. is that accurate? absolutely. these particular reactors do have containment vessels. we don t think melting fuel that breached the containment vessels. but there is a lot of radiation coming out of reactor number 2. yes, it s absolutely the reactors withstood the earthquake and shut down. but with all of these reactors, we have many of these in the united states. you have to be able to have an external power source after they ....