Accounting simplified, by Simon Rippon

Accounting — taking account of things — can be more pleasing if you don’t take account of some of the things. Here’s an example of that principle.

Simon Rippon, former International Editor and European Editor of the publication Nuclear News, wrote an essay in their July 2009 issue. He explained that the public did not appreciate—and was being deceived—about the costs of a nuclear power plant:

“If you ignore the accountants, whose rules are weighted against capital intensity, the electricity produced really was too cheap to meter.”

In that same little essay, Rippon says about nuclear power plants:

“Now is the time to say there is no waste problem.”

BONUS (unrelated): A different, younger Simon Rippon is a philosopher specializing in ethics.