"President Joe Biden’s administration on Wednesday finalized approval of $1.1 billion to help keep California’s last operating nuclear power plant running. "
Because renewable energy sources are too expensive?
"President Joe Biden’s administration on Wednesday finalized approval of $1.1 billion to help keep California’s last operating nuclear power plant running. "
Because renewable energy sources are too expensive?
If you want to talk about subsidies, let’s talk about how fossil fuels and renewables get MORE subsidies than nuclear energy. https://www.eia.gov/analysis/requests/subsidy/pdf/subsidy.pdf
Now do cumulative subsidies over the last 80 years. Nuclear had its shot and failed.
Please read my other comment here https://feddit.nl/comment/6219531 But the TLDR of where I’m going is: This subsidy is barely leveling up the playing field between fossil fuels and nuclear. Even if we do a cumulative comparison between the two, fossil fuels had got much more, order of magnitude even. Not a single nuclear plant that was shut down in the US was replaced by renewables. They were all replaced by new fossil gas or energy imports generated by coal.