In a recent study, researchers from the European Environmental Bureau (EEB), the Stockholm School of Economics (SSE), and the Potsdam Institute for Climate Impact Research (PIK) questioned the planned development of new nuclear capacities in the energy strategies of the United States and certain European countries.
The point of this research is that renewable are cheaper. So why would we invest our money in the more extensive option?
Government isn’t business. It should not be chasing a profit margin. The decisions should be around sustainability, ecological friendliness, and robustness against failure
Renewables are more sustainable than nuclear, which lest we forget still brings with it tons of nuclear waste.
Least we forget the US is like the only country who won’t recycle their nuclear waste. We have enough sitting to generate power for like 140 years. Waste isn’t useless it can still be reprocessed…
Unfortunately, government is a business. They are beholden to the same profits and losses that any other business is subjected to based on market conditions. The government has to answer to shareholders (citizens) and it’s creditors (BoC and other countries).
Don’t confuse profit with capital