Why does the world insanely ignore nuclear power?
Ronald Stein P.E.
Oliver Hemmers
Steve Curtis
Mon Oct 20
There is a lot of talk about nuclear power around the world today. However, except for China and, maybe, Russia, there is no action.
Talk means nothing, but action means everything. Perhaps the reason for inaction is the massive waste of government funding for nuclear power promises. Private capital produces many times more production than government funding does. Maybe if the money were left in the hands of the people, some sense of urgency could be realized. Moreover, to secure monopolies for those who own them, massive government roadblocks are placed in the way of any competition that could disrupt the profits from these monopolies.
Such is the case for government-subsidized wind and solar projects over the last two decades. Because of mismanagement and outright corporate theft, the sizzle has come off the idea of just electricity from “renewables.” Once the private industry lost their government subsidies, wind and solar projects started shutting down. Some, of course, are still around, but no utility company will take even a single penny of risk on solar and wind production.
So, when the gravy train of government subsidies stops flowing, the profit centers move on — no gravy, no profits, no production. Then the citizens are left to clean up the mess. What a deal. Citizens pay to make the mess and now citizens pay to clean it up. All while enjoying the benefits of higher electricity costs. Maybe they will get tired of this scam and start to realize that they really need nuclear power.
https://www.americaoutloud.news/why-does-the-world-insanely-ignore-nuclear-power/
