Nuclear Industry Faced Setbacks In U.S. Long Before Japan's Crisis06:56
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The cooling towers at the Tennessee Valley Authority's Sequoyah Nuclear Plant rise above the trees near a residential neighborhood in Soddy-Daisy, Tenn. (AP)
The cooling towers at the Tennessee Valley Authority's Sequoyah Nuclear Plant rise above the trees near a residential neighborhood in Soddy-Daisy, Tenn. (AP)

Yesterday Energy Secretary Stephen Chu said that because of Japan it's now less likely that new nuclear reactors will be built near large American cities.

But even before Japan, it was unlikely that nuclear power plants will be built in the U.S. That's according to an article in Time Magazine, which says nuclear power has stalled in the U.S. because of skyrocketing costs, stagnant demand and skittish investors. Reporter Michael Grunwald joins us to talk about it.

This segment aired on March 21, 2011.

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