this post was submitted on 21 Mar 2024
344 points (85.2% liked)
Memes
45686 readers
701 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
That is straight up wrong, the opposite is true. England's Hinkley Point C for example has a Contract for Difference, the british government pays a guaranteed price per kWh so their citizens pay less.
It's almost like a for-profit utilities company will... go for profit.
Really bad example.
That's completely beside the point. You said, renewables were only cheaper because they're subsidized. I proved you wrong and showed that nuclear is subsidized. That has nothing to do with companies being for-profit.
Even if the government subsidizes it, the company selling it is already for profit selling it at a higher price point. The government can only subsidize so much.