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Here is your country. Cherish these natural wonders, cherish the natural resources, cherish the history and romance as a sacred heritage, for your children and your children’s children. Do not let selfish men or greedy interests skin your country of its beauty, its riches, or its romance

 

Transitioning to net-zero is crucial for our survival. It involves calculating a company’s greenhouse gas emissions and working towards reducing them to zero. As such, both government and private sector actors are increasingly encouraging this process, generating numerous financial opportunities for companies that choose to become more sustainable.

A compelling example comes from Apple Inc., which achieved carbon neutrality across its corporate operations in 2020. Apple’s commitment to net zero has not only bolstered its brand image but also saved millions through energy efficiency and renewable energy investments.

This article explores similar opportunities and benefits that American small and medium-sized enterprises (SMEs) can expect to gain from undertaking the journey to becoming net-zero. Key topics we’ll be exploring are:

  • Financial Benefits: Emphasizing cost savings, access to new markets, and enhanced brand reputation.
  • Opportunities: Highlighting government incentives, grants, and collaborative initiatives.
  • Success Stories: Demonstrating the real-world impact of net zero transitions.

By diving into these themes, we aim to provide a comprehensive guide for US SMEs aspiring to harness the financial benefits of going net-zero.

 

Understanding net-zero and its Financial Implications for SMEs

net-zero refers to balancing the amount of greenhouse gases emitted with the amount removed from the atmosphere. For SMEs, this means achieving carbon neutrality through reducing emissions and investing in carbon credits.

 

Financial Opportunities for SMEs

Achieving net-zero opens doors to significant financial opportunities:

  • Access to Funds: Companies committed to sustainability often attract investments and grants aimed at green initiatives.
  • Long-Term Sustainability: Reducing dependency on fossil fuels lowers long-term operational costs.
  • Competitiveness: A strong environmental stance can differentiate SMEs in a crowded market, attracting eco-conscious customers.
 
 

Transitioning Towards Carbon Neutrality

SMEs can take practical steps to transition towards carbon neutrality:

  1. Energy Efficiency Upgrades: Investing in energy-efficient equipment reduces utility bills.
  2. Renewable Energy Adoption: Utilizing solar, wind, or other renewable sources can lower energy costs.
  3. Carbon Credits: Purchasing carbon credits can offset remaining emissions.

Implementing these strategies not only promotes environmental responsibility but also enhances financial stability and growth potential.

 

Exploring the Key Financial Benefits of Going net-zero for US SMEs

Overview of Financial Advantages

US SMEs can unlock significant financial benefits by committing to net-zero initiatives. These benefits include cost savings, enhanced brand reputation, and customer loyalty, among others.

 

1. Increased Cost Savings through Energy Efficiency

Adopting sustainable practices can lead to substantial reductions in utility bills and operational expenses. For instance:

  • LED Lighting: Replacing traditional lighting with LED options can reduce energy consumption by up to 80%.
  • Insulation Improvements: Enhanced insulation can lower heating and cooling costs by approximately 30%.

Even a small manufacturing company that incorporates renewable energy sources like solar panels can expect to see annual savings of nearly $50,000 on electricity bills.

 

2. Enhanced Brand Reputation and Customer Loyalty

Being perceived as an environmentally responsible brand adds tremendous value:

  • Customer Trust: Consumers are increasingly leaning towards brands that commit to sustainability.
  • New Business Opportunities: Environmentally conscious consumers are more likely to support and engage with sustainable brands.

In our previous post we covered the examples of companies like Brewdog and others that made a strategic choice to prominently advertise their net-zero commitments, and saw significant marketing and sales gains as a result. These case studies serve as further proof that by embedding these practices into their operations, US SMEs will not only contribute to environmental preservation but also enjoy tangible financial rewards, and set foundations for long-term growth and competitive advantages.

 

Overcoming Challenges on the Path to net-zero Success

SMEs often face obstacles as they work towards net-zero. These challenges can include complex operations, limited resources, and changing regulations. However, by tackling these issues effectively, SMEs can make their transition smoother.

 

1. Addressing Operational Challenges

To overcome operational challenges, it’s important to focus on practical solutions and best practices in three key areas:

  • Technology Adoption: Implement scalable technologies that align with sustainability goals. For instance, switching to energy-efficient machinery or adopting renewable energy sources.
  • Supply Chain Management: Collaborate with suppliers who adhere to sustainable practices. This not only reduces carbon footprint but also strengthens the overall value chain.
  • Organizational Change: Foster a culture of sustainability within your organization. Training programs and internal policies can drive collective action towards net-zero targets.
 

2. Overcoming Analytical Hurdles

Accurate carbon footprint measurement is essential but can be challenging due to data constraints. Here are two ways to address this issue:

  • Measurement Tools: Utilize tools like the Greenhouse Gas Protocol or Carbon Trust’s Footprinting Guide to measure emissions accurately.
  • Data Utilization: Leverage existing data and analytics platforms to track progress. This can help in identifying areas that need improvement and ensure compliance with sustainability standards.
 

3. Navigating Regulatory Requirements

Staying informed about relevant policies and engaging in industry collaborations is vital when it comes to regulatory requirements:

  • Policy Awareness: Keep abreast of local, state, and federal regulations that impact your net-zero initiatives. Resources like the Environmental Protection Agency (EPA) offer valuable insights.
  • Industry Collaboration: Join industry groups or alliances focused on sustainability. Collaborative efforts can influence favorable regulatory frameworks and provide access to shared resources.

By addressing these challenges head-on, SMEs can position themselves for success in their journey towards achieving net-zero.

 

Enabling Factors: Government Support, Resources, & Collaborative Initiatives

Creating an enabling environment for net-zero adoption by SMEs requires robust support from government institutions and larger corporations. These entities play a pivotal role by providing the necessary resources, funding, and policy frameworks.

 

Key Government Initiatives

American Jobs Plan: This comprehensive initiative offers substantial funding support to facilitate SMEs’ transition towards net-zero. The plan encompasses:

  • Grants: Financial grants are available to support SMEs in implementing sustainable practices.
  • Loans: Low-interest loans designed to help businesses invest in renewable energy and energy efficiency projects.
  • Technical Assistance: Guidance and expertise provided to SMEs on best practices for achieving net-zero.
 

Collaborative Opportunities

SMEs benefit significantly from adopting their own net-zero policies and engaging in collaborative efforts with industry peers. Collective action can magnify impact and create shared sustainability goals. Examples of collaborative initiatives include:

  • Partnerships with Larger Corporations: Large companies often have the resources and motivation to support smaller enterprises in their supply chain to achieve sustainability targets.
  • Industry Associations: Joining associations or networks focused on sustainability can provide SMEs with access to resources, knowledge sharing, and potential funding opportunities.
 

Role of NGOs

Non-governmental organizations (NGOs) also contribute significantly by offering:

  • Educational Programs: Workshops and training sessions to educate SMEs about sustainable practices.
  • Resource Centers: Access to tools and resources that facilitate the implementation of net-zero strategies.

Government support, resources from the American Jobs Plan, and collaborative initiatives underscore the importance of a multi-faceted approach. These elements collectively create a favorable environment for US SMEs striving towards net-zero.

 

Case Studies

1. Eco-Products – Manufacturing – Boulder, Colorado

Eco-Products, a Boulder, Colorado-based company specializing in food service packaging made from renewable resources, has successfully integrated sustainability into their business strategy. This company has achieved significant cost savings, enhanced brand reputation, and increased customer loyalty by pursuing net-zero goals.

Eco-Products focused on several key strategies to achieve net-zero:

  1. Energy efficiency measures: Upgrading facilities with energy-efficient lighting and HVAC systems.
  2. Waste reduction: Implementing rigorous waste reduction practices to divert over 90% of waste from landfills.
  3. Renewable energy investments: Installing solar panels to offset energy use.

These efforts not only reduced operational costs but also attracted a new customer base that values sustainability, thereby increasing sales and improving customer loyalty. Employee engagement in sustainability initiatives further enhanced the company’s reputation and operational efficiency.

 

2. Allbirds – Retail – San Francisco, California

Allbirds, a US-based retailer known for its sustainable footwear and apparel, is realizing significant financial benefits through its net-zero strategies. Here are some key points highlighting how Allbirds is achieving this:

  1. Product Innovation: Allbirds launched M0.0NSHOT, the first net-zero carbon shoe with a 0.0 kg CO₂e footprint. Made from carbon-negative materials like regenerative wool and sugarcane-based SuperLight Foam, it reduces production costs and environmental impact, boosting brand reputation and customer loyalty.
  2. Open-Source Sustainability: Allbirds has open-sourced its net-zero product methodology with “Recipe B0.0K”, promoting industry sustainability, attracting eco-conscious consumers, and positioning itself as a leader in environmental responsibility in a competitive market.
  3. Supply Chain Efficiency: The company enforces strict environmental policies for Tier 1 suppliers, requiring them to disclose and verify their performance. This transparency reduces emissions, ensures sustainability compliance, saves costs, and improves supplier relationships.
  4. Consumer Engagement: Since 2020, Allbirds’ carbon footprint labels have increased transparency, educated customers on environmental impact, and boosted sales among eco-conscious buyers.

These strategies have enabled Allbirds to enhance its financial performance while making significant strides towards its net-zero goals.

 

3. Limeade – Services – Bellevue, Washington

Limeade, a corporate wellness technology company focuses on improving employee well-being and engagement, which indirectly contributes to their sustainability efforts. Here’s how Limeade does it:

  1. Energy Efficiency: Limeade has implemented energy-efficient practices in their office spaces, such as using LED lighting and energy-efficient HVAC systems. These measures have reduced their energy consumption, leading to significant cost savings on utility bills.
  2. Remote Work and Digital Solutions: By promoting remote work and reducing the need for physical office space, Limeade has minimized its carbon footprint. This shift has also reduced costs associated with office maintenance and utilities.
  3. Sustainable Office Practices: The company has implemented sustainable office practices, such as reducing paper use through digital documentation, and encouraging recycling programs. These practices not only save money but also improve their reputation
  4. .Employee Engagement: Limeade’s emphasis on employee well-being has boosted satisfaction and retention. By promoting a culture of sustainability, they have enhanced morale, thereby lowering the costs of recruitment and training linked to high turnover rates.
  5. Brand Reputation: Embracing net-zero and sustainable practices has boosted Limeade’s brand image, attracting eco-conscious clients and partners, leading to new business opportunities and greater customer loyalty.

These strategies have collectively helped Limeade not only reduce their environmental impact but also achieve financial gains through cost savings, improved employee productivity, and a stronger market position.

 

Conclusion

Embracing net-zero as a business strategy offers US SMEs significant financial benefits and opportunities. By committing to sustainability, businesses can unlock:

  • Cost savings: Through energy efficiency and renewable energy adoption.
  • Enhanced brand reputation: Attracting environmentally conscious consumers.
  • Competitive advantages: Securing new partnerships and funding opportunities.

Taking action now is crucial for long-term sustainable growth. Leverage available resources to kickstart your net-zero journey on solid financial footing.

These initial steps can serve as a foundation for more comprehensive sustainability strategies in the future. By embracing sustainable practices, businesses can not only contribute to a greener planet but also reap numerous benefits in terms of cost savings, brand reputation, and competitive advantages. So why wait? Start your sustainable journey today and pave the way for a brighter, more sustainable future. Contact us today for an initial consultation.

 

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Image credit:  Joshua Rodriguez on Unsplash

Carbon Footprint

Why I’m Pro-Nuke Now: Beginning

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I composed this essay over much of 2026, as I was writing Beyond Vogtle — my detailed study (co-authored with James Boucher) of U.S. nuclear costs from the 1980s post-Three Mile Island reactors to the Vogtle 3 and 4 units completed earlier in this decade. It traces my journey from nuclear power doubter to proponent.

My story is both general and personal: what was changing in the wide world of nuclear power, energy policy and climate; and how I viewed those changes. I  hope this mode of story-telling resonates with a wide audience and also provide a backdrop to “Beyond Vogtle.”

It’s in three parts.

Detail from 1979 rally poster. Full poster appears below.

The first installment begins at the big Washington rally called to mark the Three Mile Island reactor accident, and covers the recession of nuclear dread, the advent of virtually always-on reactor operation, and nuclear’s status as the least carbon-emitting energy supply technology. 

Installment #2 begins with the failure (to date) of carbon tax advocacy — “A Climate Cure No One Wanted” — and continues with the closure of Indian Point and the concurrent slow dissolve of my dream that renewable energy could do it all.

The third and final installment begins with a slight detour in which I contrast the appalling human damage from automobility with nuclear power’s increasingly remote dangers, and then return to energy policy with a fresh way to regard nuclear power’s potential contribution to decarbonizing U.S. grids.

Thank for reading. Enjoy. And be sure to look at Beyond Vogtle: What History Tells Us About the Cost of New Nuclear (yes, that’s the full title).

  — C.K.

*  *  *  *  *  *  *  *  *

I’m pro-nuclear power. Big time.

I don’t just want the U.S. to keep running its 95 extant reactors. I want us to build more. Lots more. Hundreds.

I’m not alone. Public opinion is shifting toward nuclear power. But I came to that conclusion after spending years arguing the other side. From the mid-1970s to the late 1980s, I published a raft of critical analyses that got a good deal of public attention ― and even some traction within the nuclear industry itself. My core argument was that the cost of building nuclear plants was rising much faster than the costs of competing sources of energy. The main driver, I said, was a cascade of safety-requirement changes triggered by widespread fears of reactor accidents.

Here’s the full poster.

That work earned me a speaking spot at the massive May 6, 1979 rally in Washington demanding a halt to reactor construction in the wake of the March 28 meltdown at Three Mile Island in Pennsylvania. In the weeks before the rally, my research was cited in hundreds of news stories. At the Capitol, I stood alongside consumer advocate Ralph Nader, the leading figure in the U.S. antinuke movement; actress Jane Fonda, whose new film, “The China Syndrome,” had eerily foretold the Three Mile Island meltdown; and folk-rock icon Jackson Browne. I told the cheering throng that nuclear power was finished.

Cost overruns and canceled reactor projects were putting billions of dollars on the line, and I spent much of the next decade in courtrooms all over the country, explaining patiently to utility regulators why investors, not customers, should bear those losses. I eventually moved on to other public policy work, sparking big-city bicycling and helping bring congestion pricing to New York. But I kept watching nuclear power and the broader energy landscape. Over time, what I saw led me to turn from skeptic to supporter. Here’s why, in eight parts.

1. Fear and Dread Recede

Ask 100 random people today what “TMI” means, and at least 90 will say “Too Much Information.” Maybe one will mention the 1979 accident at Three Mile Island.

That’s a real shift.

The 1970s were commercial nuclear power’s first decade, and the Three Mile Island accident brought it to a terrifying close. Sixty hours into the slow-unfolding crisis, as fears grew that a “hydrogen bubble” in the reactor might explode and rupture the containment dome, CBS Evening News anchor Walter Cronkite captured the nation’s dread: “The world has never known a day quite like today. It faced the considerable uncertainties and dangers of the worst nuclear power plant accident of the atomic age. And the horror tonight is that it could get much worse.”[1]

The stricken reactor was eventually stabilized. But a combination of soaring costs and public apprehension brought an end to nuclear power’s rapid expansion in the United States.

Cronkite’s warning was about Three Mile Island itself, but it seemed to foreshadow more disasters to come. Yet since 1979, the U.S. nuclear industry has accumulated nearly 20 times as much reactor operating experience as it had built up in its entire history before the meltdown, without a sequel.[2] Like the dog that didn’t bark, this quiet fadeout of reactor calamities is an overlooked shift ― and it is prompting a rethink of long-held certitudes about nuclear power.

With each passing year there are fewer people who grew up with dread from Cold War-era A-bomb drills and weapons test fallout that got bundled into nuclear power. There are more young people like Zeke, a Brooklyn high-schooler who in 2019 went to Battery Park City to greet climate activist Greta Thunberg after her sail-powered trans-Atlantic voyage, but who this past May called fears about nuclear power “over-exaggerated.”[3] (Thunberg herself has said that Germany made a mistake by phasing out its nuclear plants, since it led to a sharp rise in coal-fired electricity.)

I’ve heard the same sentiment in hundreds of casual conversations over the past decade ― at climate rallies and on Trader Joe’s checkout lines, in California and in New York. These conversations suggest that the oppositional currents that once compelled federal nuclear regulators to keep piling on costly new safety requirements are losing force.

2. Permanent Peak Performance

Even before construction costs began to soar in the 1970s, nuclear power had another Achilles heel: spotty operating performance.

Throughout the 1970s and 1980s, the U.S. nuclear power sector struggled to maintain even a 60 percent “capacity factor” ― a measure of how much of a plant’s potential output it generates. That’s a dismal rate for equipment that’s expensive to build. I know this because I researched and wrote the first full-length study of shortfalls in U.S. nuclear plant performance, in 1976.[4]

That started to change in the mid-1980s. Plants finished safety upgrades required after Three Mile Island. The industry began sharing best practices ― and mistakes to avoid. Economic incentives helped too, as utility earnings became tied to how often plants actually ran.

A remarkable turnaround, though seldom credited in climate and nuclear discourse.

The turnaround has been dramatic. Since 2000, U.S. nuclear plants have averaged 90 percent capacity factor ― a huge leap from the earlier 60 percent. In effect, downtime has dropped four-fold, from 40 percent of the time to just 10 percent. Repair jobs and retrofits that used to drag on are now precision-scheduled like the train heist in “Breaking Bad.”

The higher reliability brings a huge symbolic benefit. In the 1970s, U.S. reactors seemed to stumble from one fiasco to the next. In Alabama, a technician using a lit candle to locate an air leak started a fire that burned through a thousand cables and knocked two brand-new reactors offline for 19 months. At some ocean-cooled plants, saltwater corroded delicate heat-transfer tubes, forcing protracted repairs. Profits and industry morale took a beating, and nuclear power became a punchline on “The Simpsons.”

Those days are long past. Nuclear power, uniquely, has blossomed into both grid bulwark and climate hero. Thanks to those higher ― much higher! ― capacity factors, each nuclear plant now displaces 50 percent more carbon-emitting power generation than it used to.[5] In fact, at a 90 percent capacity factor, a kilowatt of nuclear power delivers double or triple the climate benefit of a kilowatt of wind power (which averages 30 to 40 percent capacity factor) and roughly five times that of solar (15 to 20 percent) ― a crucial distinction that’s often missing from gushing coverage of renewable energy.

3. Climate to the Fore

Nuclear power’s newfound operational mastery would matter much less but for the urgency of the climate crisis and the persistence of U.S. and global carbon emissions. Like wind and solar, nuclear power generates electricity without burning carbon.

Squint to see that nuclear lifecycle greenhouse gas emissions range from 5.1 to 6.4 (in g CO2 equivalent per kWh); analogous range for solar-PV is 7.4 – 83.0; wind, 7.8 – 23.0. Source, Dinon et al., in report linked in this section’s second paragraph.

It is true that fossil fuels are implicated in nuclear power’s supply chain. Uranium mining uses petroleum, and enriching nuclear fuel requires electricity. But even counting upstream carbon, nuclear power’s climate footprint is smaller than that of wind, solar or hydropower, according to an authoritative 2022 analysis by a multinational team for the UN Economic Commission for Europe. (Their finding matched that of the similarly comprehensive 2018 report by the UN-chartered Intergovernmental Panel on Climate Change.[6])

That’s another big change. In nuclear power’s early years, uranium fuel enrichment was so energy-intensive that the three U.S. “gaseous diffusion” plants were said to consume 10 percent of all electricity used by American factories. But diffusion enrichment has given way to gas centrifuges and, more recently, laser isotopic separation ― methods that use 20 times less energy to isolate fissile U-235 from U-238.

The bottom line: kilowatt-hour for kilowatt-hour, nuclear-generated electricity is at least as effective as solar and wind at cutting climate pollution. Meanwhile, Hurricane Katrina, Superstorm Sandy, “heat domes” and wildfires, and, in August, the first Himalayan glacial collapse, have made once-hypothetical climate death and disruption a daily reality. More than rising electricity demand from A.I., it’s the climate crisis that’s driving renewed interest in nuclear power.

Click here for the second installment, Why I’m Pro-Nuke Now: Beginning.

[1] Quoted passage is from a local (PA) news site, though the an archived Channel 2 broadcast it cited is no longer on line.

[2] The sole “near-miss,” and a major one, was the 2002 discovery by operators at the Davis-Besse nuclear plant near Toledo, OH of extensive corrosion of the reactor vessel head — a vital barrier against loss of coolant and release of radiation. The U.S. General Accounting Office sternly rebuked the Nuclear Regulatory Commission for failing to identify and prevent the corrosion. See GAO, Nuclear Regulation: NRC Needs to More Aggressively and Comprehensively Resolve Issues Related to the Davis-Besse Nuclear Power Plant’s Shutdown, GAO-04-415, May 2004.

[3] In-person conversation at People’s Policy Conference at the New School for Social Research in New York, May 2, 2026.

[4] C. Komanoff, Power Plant Performance: Nuclear and Coal Capacity Factors and Economics (15 MB pdf), Council on Economic Priorities, 1976.

[5] Dividing today’s 90% uptime by the former 60% yields 1.50, indicating 50 percent more kilowatt-hours per kW.

[6] IPCC Annex III report, Technology-Specific Cost and Performance Parameters, 2018. See table on p. 1333.

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Carbon Footprint

Why I’m Pro-Nuke Now: Centerpiece

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This is the second part of a three-part post. It begins with the failure of carbon tax advocacy and continues with the closure of Indian Point and the concurrent dissolution of my dream that renewable energy could do it all. Part I, “Beginning,” started with the Three Mile Island accident and covered the decline of nuclear dread, the advent of splendidly reliable reactor operation, and nuclear’s climate-hero status. It’s available here. — C.K.

4. A Climate Cure No One Wanted

Nuclear fission, wind turbines, solar panels. Each is a kind of miracle, creating electricity from sunlight, air currents, or the splitting of atoms rather than by setting things on fire. But to economists focused on decarbonization, a greater miracle would have been the widespread adoption of carbon taxes, or, as some prefer to call it, a “price on carbon” — a fee added to fossil fuels’ market price based on their carbon content. Such a tax would shift incentives across the economy away from using fossil fuels, cutting production of the main greenhouse gas, carbon dioxide.

Economists trace the carbon tax idea to the early 20th century British economist Alfred Pigou and his conception of “externalities” ― social costs, like pollution, that aren’t reflected in market prices, and are dumped on communities “external to the process.” My interest dates to the early 1970s, when I was a fledgling environmental analyst in New York City government. I had a front-row seat as an ingenious “sulfur surcharge” eliminated the price advantage of dirty, high-sulfur fuel oil, foiling an eleventh-hour attempt by the oil industry to undercut a groundbreaking clean-air regulation.

Much later, in 2007, I co-founded the Carbon Tax Center, an organization built around the idea of taxing fossil fuels by their carbon content. We proposed a national carbon tax starting at $15 per ton of CO2 and rising in annual steps to $100 within a decade. Our modeling suggested that by then, the myriad changes driven by the financial rewards for burning less carbon would be cutting U.S. emissions by nearly a third ― far more than conventional energy-efficiency standards or clean-energy subsidies.

To be clear, this wasn’t an either-or choice. A carbon tax was unusual in that it reinforced nearly every other decarbonization measure rather than competing with it. But what really set carbon pricing apart was its reach. Carbon taxes would reward every action that reduced fuel use ― not just buying more fuel-efficient cars, but driving less overall; not just laws mandating energy-efficient buildings, but reforming zoning to let new homes be built in town instead of spreading into sprawl; and, in the power sector, switching from higher-carbon coal to lower-carbon gas and from gas to virtually zero-carbon solar, wind, and nuclear power.

A carbon tax would have worked something like New York’s congestion pricing program, which last year began charging drivers $9 a day to enter Manhattan south of 60th Street. Congestion pricing hits gridlock with a one-two punch. The first punch is the price itself: faced with the toll, enough car owners find driving no longer worth it, that traffic actually drops. The second punch is the steady stream of subway improvements funded from the toll revenue — station elevators, real-time train signals, new lines — which pull still more commuters out of cars. Just so, the “stick” of a price and the “carrot” of better alternatives reinforce each other.

I took part in the 20-year campaign that pushed congestion pricing across the finish line. Its advent — and survival — in Trump’s second term is heartening. But it also highlights, by contrast, how little headway has been made toward a U.S. carbon price.

That failure constitutes a tragically missed opportunity for nuclear power, given how much a $100-per-ton carbon price could strengthen its economics. Compared with burning natural gas, the dominant source of U.S. electricity today, a $100/ton CO2 price would give nuclear roughly the same competitive edge as shaving 40 percent off the cost to build new reactors. Or, put another way, that carbon price would be like doubling or tripling what gas-fired power plants pay for pipeline fuel — pushing prices back to pre-fracking scarcity levels.[7])

5. Losing Indian Point

In the spring of 2020, with the COVID-19 pandemic raging, my wife and I fled the city for our cabin in the Adirondacks. One morning I was outside the general store, loading groceries onto my bicycle, when my phone started buzzing. It was Dietmar Detering, someone I knew slightly as leader of the advocacy group Nuclear NY, calling from Queens. I picked up and said hello.

“You call yourself a climate activist,” Dietmar began, his voice sputtering with anger. “Indian Point is being taken apart, and you haven’t said a word to stop it. How dare you?”

I vaguely knew that a 2017 deal ― pushed by the self-proclaimed environmental group Riverkeeper and brokered by then-Gov. Andrew Cuomo ― was about to shut down the Indian Point nuclear plant, located on the Hudson River 35 miles north of midtown Manhattan. The older of its two reactors unit would (literally) get the chop within a week; its twin would follow in a year. Both reactor vessels would be cut to pieces and their radioactive components chemically dissolved. Once that process began, there’d be no turning back.

I stood there holding my phone, stunned. A near-stranger was berating me! I would have hung up, but there was something raw in his voice that I couldn’t ignore. I don’t remember exactly what I said ― probably some version of “don’t blame me.” After all, the carbon tax I’d spent years advocating would have made Indian Point too valuable to shut down. Then I offered what I thought was my strongest point: soon enough, Indian Point’s carbon-free electricity would be replaced by zero-carbon wind and solar anyway, so little harm would be done.

Then Dietmar lowered the boom.

“You don’t get it, do you?,” he said, his voice now cold. “Even if all those new solar panels and wind turbines get built, they won’t displace fossil fuels. They’ll just be replacing carbon-free nuclear electricity that was already protecting the climate. They can’t do both.”

“Wait. What? Say that again.”

“Think of it this way,” Dietmar said. “When new renewables have to replace an existing power source that was already displacing fossil fuels, like Indian Point, their net climate benefit is zero. The renewables you’ve been counting on to push out fossil fuels can’t do that job as long as they’re having to take the place of nuclear plants that were already doing the decarbonizing.”

Full disclosure: those aren’t Dietmar’s exact words. They’re actually mine, drawn from articles I later wrote for Gotham Gazette and The Nation, and from a letter I co-wrote with futurist Stewart Brand, yes, the “Whole Earth Catalog” guy, urging California Gov. Gavin Newsom to halt the planned closure of the Diablo Canyon reactors along his state’s coast. But they capture Dietmar’s central point: shutting down a working nuclear power plant or any large source of carbon-free electricity nullifies the climate benefit that new replacement wind and solar projects are supposed to provide.

Six years later, Indian Point’s closure still haunts me. Why didn’t I speak up? It’s how I imagine I’d feel if a climbing partner had died because of some mistake I made. In New York, where I live, I measure every increment of renewable energy against the carbon benefit we threw away when Indian Point was shut down and dismantled.

By that gauge, wind and solar look mediocre. Take those 42-inch square “balcony solar” arrays that Germans are buying like hotcakes ― they’re a neat idea, but it would take 50 million of them to match the carbon reduction Indian Point provided, as I wrote here in June. Or consider a rooftop solar setup for the City Island boathouse where my ecologically minded physicist pal stows his sailboat ― fine on its own, but matching Indian Point’s climate value would require solarizing 600,000 similar buildings across the state.[8]

Underneath these daunting numbers is Dietmar’s deeper point: all of this new renewable capacity should have been added on top of Indian Point, not built to replace it.

6. Renewables in a Dimmer Light

Solar and wind power were guiding passions of my adult life. From the 1970s onward, I savored every news story about the latest gains in solar efficiencies and blade lengths. Wind turbines especially stirred me, with their kinetic kinship to bicycles and futuristic look.

Befitting my mathematical bent, I would calculate how much fossil fuel each new wind farm would keep in the ground. For Cape Wind, intended as the first U.S. offshore wind farm, near Cape Cod, I consulted a digest of ballpark dimensions to illustrate how much coal the project would displace each year: enough to cover the entire playing field at Boston’s Fenway Park — foul territory included — in a pile three times the height of the park’s famed “Green Monster” outfield wall.[9]

While I was playing with those numbers, a Stanford mechanical engineering professor named Mark Z. Jacobson was launching a stream of papers spelling out just how many wind turbines and solar panels ― on land, at sea, on rooftops, on farmland or rangeland ― would be required to satisfy the energy needs of different states and countries.

A table in Jacobson’s paper for New York helpfully broke down how much energy had to come from each source. Offshore wind was his largest category, charged with supplying 40 percent of New York State’s energy year-round. The number of turbines: 12,700.

That figure should have given me pause. Filling that quota meant building a hundred Cape Wind projects in the waters off Long Island, even as well-heeled locals including Riverkeeper figurehead Robert F. Kennedy Jr. (yes, that Kennedy) and Walter Cronkite (yes, that Cronkite) were NIMBYing the actual Cape Wind project to death. Ditto, wind projects proposed for the next county over from our cabin in the Adirondacks.

None of those projects were ever built — not just because of local opposition, but also because of a lack of full-throated support from environmentalists who should have championed them for their climate value. Especially in liberal Northeastern states, it seemed impossible to build anything that asked property owners to tolerate construction disruption or changed views, decarbonization be damned.

You might expect the outlook for Jacobson’s all-renewables vision for New York to be improving. Wind turbines are now so prodigious that he can propose 8,000 15-gigawatt turbines instead of 12,700 5-gigawatt ones.[10] And solar power has captured the public’s imagination in a way wind power has not — it’s no accident that climate activist (and Jacobson acolyte) Bill McKibben titled his 2025 call-to-action book, “Here Comes The Sun.”

Nevertheless, the carbon-free electricity lost when Indian Point closed has gone almost entirely unreplaced. Nearly nine-tenths of the power it generated is being made up by burning natural gas — not due to corporate chicanery but because no other source has stepped up. (See chart below.)

And dreams of an all-renewables grid still have to contend with an intrinsic fault ― one even more disabling than the NIMBY opposition sparked by the projects’ thirst for land. That weakness is intermittency: the fact that wind and solar output varies not just day to day, but moment to moment, at the mercy of the weather.

Jacobson has doggedly calculated how many megawatt-hours of wind and solar would be needed to match New York’s ― and other states’ ― total annual energy use. But neither his nor anyone else’s atmospheric models are detailed enough, meteorologically, to verify that a 100% wind-water-solar grid could keep the power on continuously ― hour by hour, year in and year out. Building in extra capacity doesn’t solve this problem. Compensating for weather’s unpredictability by deliberately oversupplying wind and solar, or backing them up with batteries, may look good on paper. But either approach would be punishingly expensive and probably insufficient as well, without ample supplies of reliable, dispatchable power such as nuclear. If there’s no wind, having twice as many turbines won’t help.[11]

In New York, the political fallout from losing Indian Point’s copious ’round-the-clock carbon-free electricity is landing on Cuomo’s successor. With the plant’s closure having pushed New York’s carbon-reduction targets out of reach, Gov. Kathy Hochul this year bowed to reality and froze a 2019 law tying New York’s climate and energy future to renewables. Forces ranging from standard-issue Democrats to grassroots greens are pillorying Hochul as a sellout to Big Oil, though her proposal to add five large reactors across the state — she dubs it her Nuclear Reliability Backbone — is almost certainly a more assured path to decarbonization than the fashionable all-renewables approach.

Click here for the final installment, Why I’m Pro-Nuke Now: Conclusion.

[7] The two representations in the text of carbon pricing’s boost to new reactors’ economics are derived and sourced in my Sept. 2026 paper with James Boucher, Beyond Vogtle: What History Tells Us About the Cost of New Nuclear.

[8] Comparisons in this paragraph employ: 2,028 MW capacity and 90% capacity factor for Indian Point; 220 W capacity and 15% CF for balcony solar. 17 kW capacity and 20% CF for boathouse solar. 10 MW and 40% CF for each wind turbine.

[9] Cape Wind assumptions: 130 3.6-GW turbines and 40% capacity factor yield 1,641 GWh/year. Coal assumptions: 9,800 Btu/kWh, 11,500 Btu/lb of coal, 1.32 coal specific gravity, 62.4 lb of water per cubic foot. Calculations yield 132-foot-high coal pile covering Fenway Park’s 128,000 sq ft surface (est’d from http://www.baseball-statistics.com/Ballparks/Bos/index.htm). That is 3-4x Green Monster height of 37 feet, 2 inches, per Wikipedia.

[10] While Jacobson’s new offshore wind configuration would outproduce its predecessor by nearly two to one, he has also upped his forecast for total required energy, leaving constant offshore wind’s share 40 percent share.

[11] To take a recent example: at the onset of a late June – early July 2026 heat wave, New York State’s wind farms collectively were producing less than one percent of their rated 3,000-megawatt capacity. See my “Beyond Vogtle” report (FN 46) referenced in Footnote 7.

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Why I’m Pro-Nuke Now: Conclusion

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This concludes my three-part post. Part I, “Beginning,” began with the Three Mile Island accident and covered the decline of nuclear dread, the advent of fabulously reliable reactor operation, and nuclear power’s climate-hero status; it’s available here. Part II, “Centerpiece,” covered the failure of carbon tax advocacy, the closure of Indian Point, and the dissolution of my dream that renewable energy could do it all; it’s available here. This part takes antinuclear activism to task for turning a blind eye to the far more lethal harms from unrestrained automobility, and then turns to the need to redefine “least-cost” decision rules guiding electricity investment. — C.K.

7. A More-Brutal Bête Noire

On a different, but as I’ll show, related topic: I had known for some time that deaths from being struck by a motorist were shockingly common in the U.S., with 300 a year in New York City alone. I had made that fact a central element in defending bicycling against the moral panic over ― of all things ― New York’s industrious bicycle couriers during the pre-digital 1980s. And as a bicycle commuter I had long jousted with drivers. But the death of oncologist Dr. Jie Zhang in 1994 forced me to consider driver-caused traffic violence as an assault on both public health and the moral order.

The horrific death in 1994 of physician and expectant mother Jie Zhang called into question antinuclear dogma that prioritized hypothetical reactor accidents over lethal dangers like unrestrained automobility.

A speeding driver hit and killed Dr. Jie outside Memorial Sloan Kettering Cancer Center on Manhattan’s East Side. She was nine months pregnant. As she lay dying, her colleagues at the hospital delivered her son, who survived. The newspaper ran a photo of the newborn in his father’s arms. My wife and our week-old son were safe at home. My good fortune was hard to bear.

What were the hazards of nuclear power, next to those of motorized traffic? There was and is no agreed-upon damage ratio between the two technologies. But in my eyes, the anti-nukers’ derogatory depictions of U.S. nuclear regulators seemed better suited to officials in charge of “auto safety.” In 2009, for example, after a spate of deaths in SUV rollovers, the National Highway Traffic Safety Administration required that roofs on new vehicles be able to support three times their already swollen weight. That rule led to wider windshield-obstructing structural posts , badly expanding SUV drivers’ blind spots. The result, according to a recent New York Times report, was a tidal wave of crashes that killed hundreds of pedestrians and cyclists and injured thousands more.

As a young attorney in the 1960s, Ralph Nader rocketed to fame by documenting how regulatory capture made cars excessively dangerous. His subsequent pivot to opposing nuclear power initially made sense but, over time, inadvertently left American pedestrians, cyclists, and occupants of smaller vehicles vulnerable not just to “vehicle bloat” but driver distractions and the “windshield perspective” of police, prosecutors and juries.

All the while, anti-nuclear activists keep pounding their drum, willfully ignoring U.S. reactors’ splendid post-seventies safety record (see Sections 1 & 2). With few domestic miscues to flog, they leaned instead into the faraway disasters at Chernobyl (1986) and Fukushima (2011). Those disasters were real enough, but they differed from the U.S. situation not just in location but also in root cause. Soviet and Japanese officials had downplayed reactor risks, while the U.S. nuclear enterprise had built a culture dedicated to containing them.

Even reactor radioactivity, like reactor accidents, is becoming another non-barking dog. We are half-a-century into the age of large-scale deployment of nuclear power, and not a single large-scale study has emerged that credibly pins increased morbidity and/or mortality on nuclear power plant operation. Moreover, the old Rubik’s Cube problem of nuclear waste disposal is yielding to engineered solutions. The hangup was never technical. It was political.

8. By All Means, Decarbonize

For half-a-century, nuclear power and renewable energy have circled each other like wary prizefighters.

The two weren’t simply antithetical, they were incompatible — logistically as well as culturally. One couldn’t be for both; you had to pick a side. That was the gospel of physicist Amory Lovins, whose revolutionary 1976 article in Foreign Affairs magazine, “Energy Strategy: The Road Not Taken,” upended energy policy debates and galvanized the antinuclear power movement.[12]

In Lovins’ influential framing, nukes epitomized “hard” energy — lumbering and brittle. Renewables — wind and solar — were “soft” — home-grown and “right-sized.” (This was before the relentless push for engineering efficiencies turned wind turbines into colossi and blanketed entire fields with solar panels.)

Fifty years on, the climate crisis has entered the ring and demanded that the rivals partner up. The choice now is carbon-burning vs. carbon-free. Further, the perilous timeline of the crisis has toppled another dictum, also traceable to Lovins: that the transition from fossil fuels must proceed under a “least-cost-first” hierarchy that turns to costlier energy sources only after first exhausting all of the less-expensive ones.

Once, that logic was persuasive. In a leisurely, decades-long transition, why not have the lowest-cost energy lead the way? Wherever a home solar array or a Great Plains wind farm could turn a profit, the thousand busy ants of capitalism could be trusted to deploy them. The climate-warping curve would bend, steadily, painlessly, bringing a more flexible and benign energy system into the bargain.

That was the idea. The reality is falling far short, as revealed by the stubborn persistence of U.S. carbon emissions.[13] The manifold causes have been touched on here; they include everything from traditional NIMBYism to viral versions built on conspiracy-mongering, along with supersized pickups, “sport utes” and the absence of robust carbon emissions pricing. The shale revolution and two Trump presidencies did their part as well, keeping fossil fuels cheap (until No. 47 made war on Iran), which added to the stock of carbon in the atmosphere and America’s stock of carbon-consuming cities and towns, farms and roadways.

In World Cup parlance, we’ve entered stoppage time. A new rule applies: nuclear power ― or any other fossil-fuel antidote ― need not pencil out as cheaper than solar or wind to merit a part in decarbonizing U.S. grids. Instead, we should pursue any energy source or energy-saving measure that displaces fossil fuel use at lesser cost than the harm caused by burning those fuels in the first place.

Feb. 11, 1985 cover.

Think of it like the hikers’ joke about the bear: I don’t need to outrun the bear, I just need to outrun you. In the same way, new nuclear plants don’t need to be cheaper per kilowatt-hour than solar or wind. Their electricity just needs to cost less than the added climate damage that would result from burning the fossil fuels that would otherwise fill the gap. And on that test, new nuclear power plants appear likely to succeed.

Let’s break that down.

What will new U.S. reactors cost to build?

This year I applied my statistical skills and power plant knowledge to the 49 most recently built U.S. reactors. Forty-seven of them limped to completion in the dozen years following Three Mile Island. At the time, their swollen costs so ravaged U.S. electric utilities that Forbes magazine termed the U.S. nuclear power program “the largest managerial disaster in business history.”

Nevertheless, my analysis of that cost data points to a path forward. I found that even if future reactor costs track past costs, a program that builds two or more reactors at each site and uses standardized designs will allow new plants to be built for an average cost of $8,200 per kilowatt of capacity, in 2025 dollars. At that price, building and running new reactors is almost certainly a lower-cost proposition than facing the ecological and human damage from burning equivalent fossil fuels.[14]

If anything, my figure is on the pessimistic side, since it bakes in the kind of shifting regulatory requirements that drove up costs so much in the post-TMI period. Even so, it comes to just half of what it cost to build the final two reactors — Georgia Power new Vogtle 3 and 4 units ― a project that nuclear power critics dredge up at every opportunity as proof that any new U.S. nuclear plant is doomed to be uneconomical.

An alternative visualization of this chart appears as Fig. 9 in “Beyond Vogtle.”

Just as important, the odds of future extreme overruns appear low. Using a probabilistic model, I found that the likelihood that a new twin-unit plant, built to a standardized design, will end up costing as much as Vogtle is slim ― the same odds, around 1.7%, as correctly calling six coin flips in a row.[15]

Will the long time to build new reactors undo their climate benefit?

Past nuclear plants seemed to take forever to finish. The 47 reactors whose costs I analyzed averaged nearly 12 years from initiation to completion ― a 50 percent worsening from their 1970s counterparts. Much of that added time traces back to Three Mile Island, which triggered design changes, equipment upgrades, and staffing shifts across the entire U.S. nuclear sector, each adding delays. Slowing demand for power also led some utilities to stretch out construction schedules on their own.

To nuclear power’s critics, these setbacks come with the territory. But reactors aren’t the only major infrastructure projects facing long timelines. Delays in building wind farms, transmission lines, and other accoutrements of renewable energy have prompted plenty of national hand-wringing too. Even balcony solar ― the latest face of decarbonization ― will need time to scale up. Electrical codes and fire regulations must be rewritten, and then the real challenge begins: installing roughly 25 million of these devices (at 220W each) to match the climate benefit of a single 1,000-megawatt reactor.

There’s also a déjà vu tinge to the complaint that nuclear power is too slow to help with the climate crisis. That argument easily predates Vogtle 3 and 4 ― the massive Georgia project that tested residents’ patience and wallets, but is now helping decarbonize Atlanta and hundreds of other cities. The goal isn’t to repeat Vogtle’s egregiously high cost, which doesn’t yet clear the bar set by the social cost of carbon. It’s to treat the climate fight as an ongoing effort to reduce harm by whatever effective means are available.

Balcony solar and giant nukes aren’t rivals ― they’re partners. Building Vogtle didn’t stop Georgians from putting solar panels on their roofs in 2015, and if balcony solar really is the money-saving no-brainer its supporters claim, there’s no reason it shouldn’t help rate-burdened Georgia families in 2027, too. “All hands on deck” is a cliché, but it fits here. The world has no time to wait ― it needs to decarbonize by every means available. Including nuclear power.

[12] Lovins’ Foreign Affairs article is available here. I recounted its momentous impact on energy policy and public discourse for The Electricity Journal in 10 Blows That Stopped Nuclear Power (Jan/Feb 1991).

[13] U.S. CO2 emissions circa averaged only 1 to 2 percent annual reductions over the period 2010-2025, a rate many times slower than needed to meaningfully address the climate crisis.

[14] See Komanoff & Boucher, “Beyond Vogtle,” op. cit., pp. 41-44.

[15] The chance of correctly calling six coin-tosses in a row is one-half raised to the sixth power, which is 1 in 64, or 1.56%, which more or less matches the 1.7% chance that a new nuclear plant will cost as much as or more than Vogtle 3 and 4. See Komanoff & Boucher, op. cit., Fig. 9.

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