Column / Harder Line

America's nuclear failure

Rebecca Zisser / Axios

After almost 40 years and billions of dollars, the American nuclear industry's bid to revive itself is falling flat.

The latest: Self-inflicted problems on top of adverse market conditions and public fears about nuclear power has put Japanese conglomerate Toshiba on the brink of bankruptcy.

Why it matters: Toshiba is attempting to build the first new nuclear reactors in the U.S. in more than three decades. That's now in doubt. The effort represents both the last and only chance for the industry to follow through on oft-repeated calls for an American renaissance — and it exacerbates efforts to cut greenhouse gas emissions.