5 ms·
> The whole issue of power plants not making enough money Civilian nuclear has never made money and I have looked. They are always subsidised (Loan guarantees
by BMc2020 5y ago
> The whole issue of power plants not making enough money
Civilian nuclear has never made money and I have looked. They are always subsidised (Loan guarantees, the US DOE, accounting tricks to wish away decommissioning costs etc.)
It's not because of 'treehuggers' either. Russia, China, Japan, France, S. Korea never have been able to either. Not much treehugger influence in the PRC.
Why then? National Security. Military nuclear is a national security issue. Civilian nuclear exists to support military nuclear. Natsec must always come first, or you soon won't have a nat to sec (in the minds of many).
Full disclosure: I'm not an accountant. Just a taxpayer who got to find out what 'stranded costs' are.