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Bill Gates-backed nuclear contender Terra Power aims to build dozens of UK reactors (www.cityam.com)

submitted 1 year ago by [email protected] to c/[email protected]

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Bill Gates-backed nuclear contender Terra Power aims to build dozens of UK reactors::A Bill Gates-backed clean energy player is hoping to build dozens of nuclear reactors in the UK and will compete with global rivals.

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[–] zer0 -2 points 1 year ago* (last edited 1 year ago) (1 children)

EEE was this guy company motto for a while

https://en.wikipedia.org/wiki/Embrace%2C_extend%2C_and_extinguish

[–] [email protected] 4 points 1 year ago (2 children)

EEE is not applicable here as adding additional source of energy to the market is always a good thing. If he takes a monopoly on it you can still use solar, wind, fosils

[–] [email protected] -1 points 1 year ago

It absolutely is exactly how it works, they get the UK to focus all their efforts on nuclear which means money doesn't get spent on building renewable focused infrastructure so it's harder to add renewables and it doesn't matter anyway because the money is already tied up in nuclear projects that haven't even been finished being built by the time they're obsolete...

Really it's more like vendor lockin that gates also was a big pioneer of, manipulating government into reliance on their software and making it increasing hard to switch as prices get ramped up.

Trusting a man who made his obscene amounts of money creating monopolies with highly corrupt and immoral business practices is dumb, that's who he is and how he thinks - he's not suddenly turned into a saint that's going to be your best friend, he's manipulating you by telling you what you want to hear so he can screw you over again.