this post was submitted on 22 Aug 2023
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It's actually the worst time to get started on nuclear. Costs keep going up. There's a reason why countries overwhelmingly prefer to invest in renewables over nuclear. This includes nuclear companies. EDF is one of the largest investors in renewables, and it's actually the profitable side of the business. It's going to be the taxpayer that's going to pay for nuclear, and they're not going to get their money's worth, as opposed to renewables.
This just in, when you arbitrarily raise the barrier of entry to a market, the price goes up.
You can't go cheap on nuclear. Otherwise you're looking at a myriad of political corruption and safety concerns, which in part will cost you a government, where you'll eventually have to start all over again. Or you could just invest in renewables. Like what China is overwhelmingly doing.