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Tax carbon at $200 per ton and magically the financing for nuclear will appear.
by ttul 6y ago
Tax carbon at $200 per ton and magically the financing for nuclear will appear.
- digianarchist 6y agoWorld Nuclear Industry Status Report - Nuclear energy too slow, too expensive to save climate: report - https://www.reuters.com/article/us-energy-nuclearpower-idUSKBN1W909J https://www.reuters.com/article/us-energy-nuclearpower-idUSK... The economics don't make sense and probably never will. Taxing carbon isn't going to make renewables more expensive.
- ttul 6y agoEither way, tax carbon.
- pfdietz 6y agoThe president of Exelon stated that CO2 taxes would have to reach $300-400/ton for new nuclear to compete with NGCC in the US. Renewables would likely be used instead. For nuclear to replace intermittent, gap-filling NG generators would require far higher taxes. https://physicstoday.scitation.org/doi/10.1063/PT.3.4088 https://physicstoday.scitation.org/doi/10.1063/PT.3.4088 CO2 taxes could keep existing reactors operating, though.