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by bumby
953 days ago
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The rants about regulation being rooted in safety miss the point. As I stated before, I'm not making a claim that regulation is bad or unwarranted. What I'm pushing back on is the idea that the nuclear industry operates in a "free market." Utilities, in general, do not operate in a free market in the US. They are regulated monopolies. A startup cannot just decide to start generating electricity and tie into the grid, irrespective of whether they meet all the safety regulations. Not all regulations are safety-based but rather based on economics of scale being beneficial for the consumer. That's why it's not a free market. So while there's a lot to discuss about the relative costs of nuclear, claiming they are the result of a free market doesn't really hold water. |
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