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Richard Stallman's Political Notes

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Unprofitable nuclear power plants

dimanche 24 avril 2022 à 10:35

Biden plans to offer money to keep unprofitable nuclear power plants operating.

Shutting down a nuclear power plant has a plus — it avoids making more radioactive material and gets a start on cleaning up the site.

I wonder how these payments will work. Will they be a simple subsidy? Or would the company have to pay something in return — perhaps its own stock? I think that when the state tries to aid a company, it should never be a simple subsidy; the state should demand payment in shares.

The most basic way to prevent the switch from nuclear power to fossil fuel power is to tax the use of fossil fuels heavily. That would not lead to building any new nuclear plants, as that is far too expensive, but it would encourage building renewable energy.