Biden administration finalizes a $1.1 billion aid package for California's last nuclear power plant
apnews.com
The Biden administration has finalized approval of $1.1 billion to help keep California’s last operating nuclear power plant running.

cross-posted from: https://lemmy.world/post/10870837

"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.worldOPEnglish
    16·
    8 months ago

    Of course it’s a good deal - for the companies involved. They get to socialize the costs, while privatizing the profits.

    The rest of us pay for this, and get a legacy of radioactive waste, and a delay in the inevitable transition to renewable power.

    For anyone paying attention, this is just one more example of how the nuclear industry has failed economically.