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Don't big players in every industry lobby for more regulation? Does this mean that this is what is good for the markets they are dominant in? I fail to see this

• derriz 4y ago
  The nuclear industry is dying on aggregate globally, as indicated by metrics such as market share, overall capacity or price competitiveness. Nuclear proponents often blame the cost of meeting onerous (and by implication unreasonable) regulations for the fact that it cannot compete on price. Most of the rest of the electricity energy sector campaign for LESS regulation - the coal power industry is notable example but you see this even in the renewables space where, for example, wind producers would like to have more freedom to site turbines. The fact that the nuclear industry puts nearly all its lobbying effort into securing financial support instead of attacking regulations, suggests that regulation is not the reason why nuclear is failing to survive but that it's simply because of price/cost. The other notable example I can think of in the energy sector is with directly growing biofuels. A similarly uneconomic way of providing energy that couldn't exist without massive subsidy.