Word: shippingport
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Dates: during 1954-1954
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...There will be few, if any, atomic power plants built for purely commercial purposes in this country within ten years. These would be only at points remote from conventional fuel supplies . . . without direct or indirect subsidy from the Government . . . The Shippingport plant (TIME, March 22) does not qualify as an unsubsidized plant, since the Government is justifiably paying well over half the total cost. [In ten to 25 years, a few unsubsidized atomic] power plants might be built, [but] no existing plant of reasonable efficiency would be shut down or converted to atomic fuel...
...occasion of Ike's remarks was a ground-breaking ceremony at Shippingport, Pa. for the world's first full-scale commercial atomic power plant. Speaking from Denver, Ike said the plant would bring mankind "closer to the fulfillment of the ancient dream of a new and better earth...