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by Zigurd
2619 days ago
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You appear to be ignoring a few things here: First is that the downside risk from nuclear power plants is so great as to make them uninsurable. Second is that when a trillion dollar uninsurable event comes up, ignoring that the public is saddled with the cost. Lastly, you ignore that had public funds been used in the amounts needed to clean up after this private sector power plant on renewables instead, we would have renewable energy that is in fact comparable or larger than the scale of nuclear power plants, plus coal, plus gas, etc. Nuclear power even when it works costs too much. When it fails, it costs almost incomprehensible amounts. Maybe some different type of nuclear power plant wouldn't have these risks and waste disposal problems. But none yet have been built to demonstrate that's true in practice. |
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I think a better argument (which you're alluding to) is that for $1T, Japan could have purchased the electricity it needed from its neighbors and avoided the catastrophe altogether.