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Nuclear is subsidised by billions of dollars, starting from the ongoing research to buying land to construction to security to the massive grid investments need
by pergadad 7y ago
Nuclear is subsidised by billions of dollars, starting from the ongoing research to buying land to construction to security to the massive grid investments needed for any new power plant, to security and contingency measures to finally the eventually externalised costs of (unlikely but possible) incidents and most importantly long-term storage and decommissioning.
Huge huge tax payer subsidies are put into all stages of nuclear, which never show up on the energy company's balance sheets or the 'operating costs'.
I'm not against nuclear but saying renewables are not competitive with this is incredibly naive and blatantly wrong - the subsidies and funds directly or indirectly provided for nuclear are on an entirely different scale than for renewables, which have mainly some research funding, grid extension and development subsidies behind them.