Warren Buffett finally sees the light: MidAmerican Energy cancels proposed new "small modular reactor" targeted at Iowa

Des Moines Register graphicAs reported by the Des Moines Register, Warren Buffett's MidAmerican Energy has finally pulled the plug on a proposed new "small modular reactor" it was hoping that the ratepayers of Iowa would pay for, through "Construction Work in Progress" (CWIP) surcharges on their electricity bills. A powerful coalition, including AARP, Green State Solutions, Sierra Club, Friends of the Earth, and others can claim credit for this environmental victory against nuclear industry greed, after a protracted three year long battle at the Iowa state legislature.