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submitted 9 months ago by lettruthout@lemmy.world to c/nuclear@feddit.nl

cross-posted from: https://lemmy.world/post/10870837

"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?

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[-] lettruthout@lemmy.world 1 points 9 months ago

Of course it's a good deal - for the companies involved. They get to socialize the costs, while privatizing the profits.

The rest of us pay for this, and get a legacy of radioactive waste, and a delay in the inevitable transition to renewable power.

For anyone paying attention, this is just one more example of how the nuclear industry has failed economically.

this post was submitted on 18 Jan 2024
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