Germany (or germ money as I call it) is the perfect example of why nuclear doesn’t work in capitalism. Nuclear energy could provide mostly clean and mostly safe energy for ridicoulosley cheap, but its so cheap that doesn’t always generate profits, and as such they’re shutting them down, on a system without the profit motive we could use nuclear (along with other sources, of course nuclear has its problems) to provide cheap if not free electricity (that should be a human right by now, its really hard to live without nowadays) to all of umaniry, but instead we prefer to give all those juicy extraprofits to energy CEOs and stockholders
Nuclear is only “cheap” after the reactors are built (back then with huge state subsidies). The reactors in Germany were scheduled for decommissioning due to age and the government did not want to invest in new reactors. From a commercial perspective the construction of reactors without subsides doesn’t make sense any longer as renewables + storage are much cheaper and thus more profitable.
Germany (or germ money as I call it) is the perfect example of why nuclear doesn’t work in capitalism. Nuclear energy could provide mostly clean and mostly safe energy for ridicoulosley cheap, but its so cheap that doesn’t always generate profits, and as such they’re shutting them down, on a system without the profit motive we could use nuclear (along with other sources, of course nuclear has its problems) to provide cheap if not free electricity (that should be a human right by now, its really hard to live without nowadays) to all of umaniry, but instead we prefer to give all those juicy extraprofits to energy CEOs and stockholders
This doesn’t even make sense, since the alternative is buying oil from Russia
Nuclear is only “cheap” after the reactors are built (back then with huge state subsidies). The reactors in Germany were scheduled for decommissioning due to age and the government did not want to invest in new reactors. From a commercial perspective the construction of reactors without subsides doesn’t make sense any longer as renewables + storage are much cheaper and thus more profitable.