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Bullshit. Without massive subsidies nuclear energy is not economically viable.
by simfoo 11y ago
Bullshit. Without massive subsidies nuclear energy is not economically viable.
- jpdus 11y agoThis! People always forget about indirect cost when talking about cheap nuclear energy (risk factors aside). Nobody has never build a profitable nuclear power plant without substantial government subsidies (way higher than for all renewable energy sources). Operators need government help for security, fuel supply, waste handling and much more. There is no insurance company on earth which will cover a nuclear power plant without state guarantees (ask yourself: Wouldn't a profit oriented insurance company cover these risks, of these were really as low and controllable as people say here?).
- mikeash 11y agoNobody has ever built a profitable coal power plant without substantial government subsidies either, but nobody calls them "not economically viable." The difference, of course, is that coal subsidies are in the easier-to-ignore form of "allow you to kill a lot of people downwind from your plant without compensation."