Economically failing nuclear plant to receive 1.1B bailout - eviltoast

"President Joe Biden’s administration on Wednesday finalized approval of $1.1 billion to help keep California’s last operating nuclear power plant running. "

Because renewable energy sources are too expensive?

    • lettruthout@lemmy.worldOP
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      10 months ago

      And those 50,000 systems would be operational for 20+ years. That kind of investment would bolster the solar industry and further raise public awareness of the beauty of having their own system.

      In contrast that money now is going to support poor, short-term profit, decisions by large corporations. After ~2030 we’ll still be in the same mess we currently are: power companies begging for handouts to decommission the plant and then leaving the US government to watch over the waste in perpetuity.

      That is the definition of a shabby investment.

      • snugglesthefalse@sh.itjust.works
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        10 months ago

        If it was any other kind of non-renewable I’d agree with you but nuclear produces far less pollution and it’s reliable so as long as it produces the power there really shouldn’t be a problem. Everyone needs energy and the less that’s made through fossil fuels the better.