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The prohibitive cost of nuclear plants is driven by policy- not economics. Obviously the world built a plethora of economically feasible nuclear power plants in
by dcolkitt 6y ago
The prohibitive cost of nuclear plants is driven by policy- not economics. Obviously the world built a plethora of economically feasible nuclear power plants in the 1960s. It's not like we collectively lost that technology.
Instead what happened is that anti-nuclear activists put up arbitrary regulatory barriers to construction. Three-Mile Island provided the political catalyst for a massive regulatory burden on new construction. Most of these burdens have an at best minor impact on safety, but at the cost of astronomical impact on cost.
Now maybe you can debate about whether loosening nuclear regulations to decrease cost is acceptable or not. But at the very least that's at least a debate we should be having. It's certainly the case that a lot of people will die from unmitigated climate change. Not to mention the enormous economic and environmental toll. Against that, I would gladly trade off a Three-Mile Island incident every decade or so.
- pfdietz 6y ago> The prohibitive cost of nuclear plants is driven by policy- not economics. So, what was the policy that caused Vogtle 3/4 and the Summer plants to go so wildly over budget? Was there a policy for Westinghouse to screw up badly? And similarly for Flamanville 3, and the new plants they're trying to build in the UK. The argument for "less regulation" is really the argument "who needs expensive containment and emergency systems, because radiation is no big deal".