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by billytetrud
904 days ago
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No one was talking about France. angiosperm snarkily implied that Nuclear only works if its subsidized. He's clearly wrong. The fact that France does subsidize it isn't relevant. Nuclear in the US is not subsidized and yet is massively more cost effective than fossil fuel power plants. |
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The civilian nuclear industry stemmed from massive military investments, which were a way to subsidize it. "In the United States, the federal government has paid US$145 billion for energy subsidies to support R&D for nuclear power ($85 billion) and fossil fuels ($60 billion) from 1950 to 2016" (https://en.wikipedia.org/wiki/Energy_subsidies_in_the_United...)
The very PWR reactor exists thanks to the US Army desire of nuclear subs, which paid all associated R&D (Westinghouse then adapted it to the civilian on-shore market). https://en.wikipedia.org/wiki/Pressurized_water_reactor#Hist...
Nowadays the sole direct federal energy support "peaked in FY 2021 at over $500 million" ( https://www.eia.gov/analysis/requests/subsidy/pdf/subsidy.pd... )
There is no secret here: https://www.ucsusa.org/resources/nuclear-power-still-not-via... https://www.ucsusa.org/sites/default/files/2019-09/nuclear_s... Nuclear enjoys massive tax reduction
Cost effectiveness will be established after the last hot waste of the last decommissioned plant will be cold. In the meantime any serious accident or waste particle wandering around may induce costs.