this post was submitted on 30 Aug 2023
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[–] [email protected] 54 points 1 year ago (3 children)

Yeah no shit. We already knew nuclear was not profitable, but it’s clean & makes tons of power, so it’s a good deal for everyone that isn’t a business & wants cheap & clean energy.

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

The point of this research is that renewable are cheaper. So why would we invest our money in the more extensive option?

[–] [email protected] 22 points 1 year ago (3 children)

Government isn’t business. It should not be chasing a profit margin. The decisions should be around sustainability, ecological friendliness, and robustness against failure

[–] [email protected] -4 points 1 year ago

Unfortunately, government is a business. They are beholden to the same profits and losses that any other business is subjected to based on market conditions. The government has to answer to shareholders (citizens) and it's creditors (BoC and other countries).

[–] [email protected] 2 points 1 year ago

Don't confuse profit with capital

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

I'd love for you to see the Uranium and Thorium mines in Canada and tell me how clean that looks to you.

[–] [email protected] 6 points 1 year ago

Uranium and thorium mines are just as clean as the rare earth metal mines needed for PV cells. This is kind of a moot point. We need carbon free energy now and solar, wind, hydro, and nuclear are all part of the mix of solutions needed. There are many considerations currently being made to determine which technologies should be used in what locations.

[–] [email protected] 3 points 1 year ago

Make sure to compare with a West Virginia mountaintop-removal coal mine.