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Regulations aren't some random worthless bullshit imposed by bureaucrats. They are the consequence of nuclear accidents. Dreaming of a world without regulations

Regulations aren't some random worthless bullshit imposed by bureaucrats. They are the consequence of nuclear accidents. Dreaming of a world without regulations in the nuclear sector is just as stupid as a world without regulations in the airline industry. It just won't happen and pretending that there some kind of environmentalist plot behind the regulations won't make these regulations less necessary. There is no way you can recover the investment costs of a modern nuclear plan in two years. It takes a very long time to recover the money (decades), and this is the main reason why investors are just not interested in nuclear plants. They have to lend money long term, and in that time lots of things can happen - from renewable technology being discovered, to changes in prices of nuclear fuel and geopolitics. You essentially can't predict the profit of a nuclear plant in the far future, and that means you can't predict how fast the investment is going to get repaid. It's just not an attractive investment, which is why some modern nuclear plants can't go ahead without some kind of government support.

concordDance 4y ago
> They are the consequence of nuclear accidents. These regulations are only cost effective if you have a value of human life at a billion dollars! Looks at the actual accident rate and how bad they were in the 70s when nuclear power was reasonably priced. It is very much not worth increasing the price of nuclear by 5x, can just keep the regulations as they were and invest that money in healthcare to save 1000x as many people. > It takes a very long time to recover the money (decades In the overegulated world where nuclear power is 5x more expensive than it once was, yes. We aren't talking about that world though.
- trashtester 4y ago
  > These regulations are only cost effective if you have a value of human life at a billion dollars! If other energy souces were regulated to the same degree of safety, I would expect nuclear to become the cheapest one again. The main reason nuclear is expensive, is because people consider it to be worse if a person dies from radiation than from air polution, construction accidents, etc.

concordDance 4y ago

> They are the consequence of nuclear accidents. These regulations are only cost effective if you have a value of human life at a billion dollars! Looks at the actual accident rate and how bad they were in the 70s when nuclear power was reasonably priced. It is very much not worth increasing the price of nuclear by 5x, can just keep the regulations as they were and invest that money in healthcare to save 1000x as many people. > It takes a very long time to recover the money (decades In the overegulated world where nuclear power is 5x more expensive than it once was, yes. We aren't talking about that world though.

trashtester 4y ago
> These regulations are only cost effective if you have a value of human life at a billion dollars! If other energy souces were regulated to the same degree of safety, I would expect nuclear to become the cheapest one again. The main reason nuclear is expensive, is because people consider it to be worse if a person dies from radiation than from air polution, construction accidents, etc.