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Nuclear power is massively subsidized already — those plants only get built with massive state support. Right now you can justify a solar rollout with tradition
by acdha 2mo ago
Nuclear power is massively subsidized already — those plants only get built with massive state support. Right now you can justify a solar rollout with traditional fins because it pays for itself in a couple of years but in the United States a new plant is subsidized at every step of the design and build, and fuel is subsidized from mining to disposal.
That’s the underlying problem: it’s not a question of whether nuclear can work at all ever but rather that for any given point since the early 2010s it’s been very hard to justify nuclear because you need to spend billions of dollars more than renewables upfront and accept higher CO₂ emissions for 1-2 decades before it makes any reduction in emissions. If we’d invested half a century ago like France it might’ve been very different but the cost and time differential now is so stark.