this post was submitted on 19 Jul 2024
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France is so low thanks to all those nuclear power plants they have.
๐ช Well they're getting old now, that's the not so fun part
Which are shitting themselves now. Unable to be properly repaired or financed. Requiring goverment bailouts
because they're stupid and didn't regulate them like they should've.
And im pretty sure france's nuclear isn't privately owned?
Not anymore, the government had to buy them fully so it wouldn't crash.
Privatization of profits and nationalization of liabilities. It's like France didn't have many revolutions.
yeah that checks out.
Now if only they hadnt designed the horrid EPR plants.
Considering coal power plant subsidies in some countries...