[matthewdgreen]

The fossil fuel industry in 2023 loves nuclear, mainly because the capital costs are so high it doesn't represent serious economic competition with cheap fossil sources. There is a theoretical world where we come to a political consensus, then build out nuclear to France-like levels with massive government spending and intervention. But this requires political consensus that the fossil fuel industry (correctly) recognizes is unlikely in most countries.

The major exception to the above rule is China, but even that (massive!) government-sponsored nuclear buildout is only expected to reach <18% of electricity generation by 2060. https://www.bloomberg.com/news/articles/2023-04-27/china-nuc...

[hef19898]

Thank you! To save some of China's face here: they also push(ed) wwind and solar like crazy. And coal, but that's a different issue.