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Nukes can never turn out to be cheap power. It is always, always, always heavily subsidized by taxation, thus sometimes masking true cost. It is fortunate that
by ncmncm 5y ago
Nukes can never turn out to be cheap power. It is always, always, always heavily subsidized by taxation, thus sometimes masking true cost.
It is fortunate that extracting tar sands produces very expensive oil. As demand for oil drops, cost for oil from tar sands will be unable to match prices offered.
- jamincan 5y agoNuclear technology has never really matured to be industry-led, and is quite obviously heavily subsidized now; surely it's not inevitably always going to be that way though. At one time, the wisdom re: solar power was that PVs were simply far too expensive to be used for large-scale power, and yet, here we are now.
- ncmncm 5y agoNothing about nukes can be expected to get cheaper, unlike solar and wind. Nukes are just inherently expensive, from refining fuel through massive construction, disaster insurance (always and everywhere subsidized), maintenance, to decommissioning.
- jamincan 5y agoWouldn't someone have said the same thing about PVs 20 years ago, though?
- ncmncm 5y agoDid say, and were proven wrong. But nukes have had plenty of time to do better. Ultimately it looks more like the market in nukes (distinguished from power from nukes) is interested only in building nukes where there is abundant scope for corruption.