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?

  • derf82@lemmy.world
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    11 months ago

    Because their bottom line is profits only, and they can produce the power cheaper with carbon spewing natural gas turbines.

    The good investment is having a massive generator of carbon-free energy, even if it loses money otherwise.