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Problem is, no one wants to pay for nuclear energy. The late T Boone Pickens saw the writing on the wall for carbon based energy, and he had his team of investm
by bilbo0s 7y ago
Problem is, no one wants to pay for nuclear energy. The late T Boone Pickens saw the writing on the wall for carbon based energy, and he had his team of investment experts look around and experiment with different solutions for over a decade to see which solutions provided the best investment opportunities. In the end, even T Boone Pickens, one of the most notoriously ultra conservative men ever, was throwing nearly all of his new investment into wind farms.
Government needs to put its fingers on the scale until men and organizations with billions to invest can run the numbers on nuclear and have it be more profitable than slapping up windmills. We're not gonna entice the money guys we need to entice with opportunities that are less profitable, involve more tech risk, and have a longer time period to first revenue.