When asked about the federal government’s role, 41% of Americans say it should encourage the production of nuclear power.

Let’s get those new construction contracts signed!

  • Wirrvogel@feddit.de
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    1 year ago

    Ah, the Americans, who don’t understand that nuclear power in the US needs massive subsidies (23 billions) to keep from going bankrupt. That the old power plants are falling apart and prone to drought and that new ones will be too late when built and just come right to replace an old one and so won’t add to the grid.

    While the $6 billion in the Infrastructure law is helpful to stem a potential flood of closures, it is still not enough, King said. In their modeling, the Rhodium Group pairs the $6 billion with the proposed existing nuclear production tax credit that’s part of the Build Back Better Act, which the Joint Committee on Taxation score estimates to be $23 billion.

    Imagine that money being spent on research into better energy storage, while renewable energy sources are built, quickly, reliably and without subsidies, AND they are local sources of power that make money for local communities and give them independence from big energy producers - oh wait, America can’t have that much freedom.