• HexBroke [any, comrade/them]@hexbear.net
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    6 months ago

    It’s much more to do with their profitability and rate of return and investment cost

    This is both correct and incorrect - correct because this is the reason why there is basically no private nuclear without generous capital financing from the state, long term purchase contracts at a high price and guaranteed access to uranium even if it requires undesirable actions (continued French colonialism, US imports of Russian fuel)

    Incorrect because the western nuclear industry resembles more of the military industrial complex model of barely delivering something functional (if ever) for huge costs with overwhelming state financial support

    Of course profitability and rate of return is very applicable to solar and wind (wind less so because it’s more capital intensive than a community pitching in for a small solar facility) and certainly a factor in the US imposing extreme tariffs