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A simple way to think of it: one incident like Fukushima destroys the economics of the entire nuclear industry over a very long time span. Nuclear can only be c
by api 5y ago
A simple way to think of it: one incident like Fukushima destroys the economics of the entire nuclear industry over a very long time span. Nuclear can only be cost competitive if there are zero such incidents ever.
It’s like if one plane crash cost more to clean up than the revenue of the entire airline industry for years.
- nexuist 5y agoInterestingly the same cost analysis is not used for nuclear weaponry because it is presumed that nuclear retaliation is more important than any economic cost...the important question is if we will view climate change as that same kind of enemy and authorize nuclear energy knowing that there will be future incidents, but the price of cleanup will be worth it to avert climate disaster.