Comment by boringg

Comment by boringg 9 hours ago

4 replies

This should be a quick reminder to the crowd -- Nuclear is almost always a public/private partnership to manage the project development costs and to keep the cost of capital in a reasonable range. The costs are large for a private company to put up the capital with the risk involved.

pfdietz 8 hours ago

In other words: nuclear is not viable unless the risks are offloaded to the public. Privatize profits, socialize risks.

  • boringg 8 hours ago

    Its the same with any massive infrastructure investment - only governments have the balance sheet to build them.

    • epistasis 6 hours ago

      It is not that way with other similar types of power production.

  • ezst 5 hours ago

    Or, you know, socialize risks, socialise profits. I don't know why we would have to put up with this abuse and corruption any longer.