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Or states are giving tax breaks to fracking (natural gas) companies in the name of “job creation”, only helping to lower the cost of electricity produced from n
by ImprovedSilence 7y ago
Or states are giving tax breaks to fracking (natural gas) companies in the name of “job creation”, only helping to lower the cost of electricity produced from natural gas. Basically we are subsidizing non-renewalable energy sources.... Also regulation drives a big chunk of the cost of nuclear. It’s not the cement and labor that drives the cost here...
- Retric 7y agoGlobally the same amount of Nuclear power was produced in 2017 as 2002. That has little to do with local regulations and a lot to do with basic economics. As China etc have very different approaches to regulation.
- roenxi 7y agoI've observed a bit of an irony there - the fossil fuel industries generate political protection for themselves because of all the jobs they generate. Nuclear is an order or two more efficient (you need a fraction of the mines, and a fraction of the work to keep the whole technology stack running). In practice this seems to mean that nuclear power doesn't have much of a lobby in favor of it even if it is established as an industry. In Australia the coal lobby is a pretty noticeable force in two states and arguably influenced the last election. If we were 100% nuclear instead there wouldn't be enough people in the industry to make a political difference.