carolynporco,
@carolynporco@mastodon.social avatar

An exec from one of Canada's biggest pension funds said at , “It’s probably the most impressive piece of legislation in my lifetime.”

tinyurl.com/326bbbjd

Bidenomics' Inflation Reduction Act is so hot that all the world wants to copy it!

So go ahead & try to tell me Biden isn't kickin' ass.

NuModular,

@carolynporco All sleight-of-hand to further enrich fossil fuels shareholders, who successfully keep #renewables and #SMR tech at a 10% market share - and completely suppress the only viable #BaseloadEnergy - #TMSR tech, until #NuclearFusion can be integrated. Nuclear fusion is 100 years out, and about half the human population too late.

SuperMoosie,
@SuperMoosie@mastodon.au avatar

@NuModular
Mate,

SMRs will be 100 years too late

More expensive than standard nuclear, which is in its self double the price of renewables and storage.

SMR are just a pipe dream used by fossil fuel to keep expanding and promising to do more in the future.

@carolynporco

carolynporco,
@carolynporco@mastodon.social avatar

@SuperMoosie @NuModular You're wrong about cost comparison. The many years of subsidies to 'renewables' has given ppl the idea that nuclear is far more expensive. When all appropriate elements are considered, it's not true.

SuperMoosie,
@SuperMoosie@mastodon.au avatar

@carolynporco

Totally Incorrect

Bloomberg and Lazard have
show for many years the levelised cost of energy (with out tax breaks or subsidiaries)
dor nuclear is way above other forms of energy (coal, gas) and twiice the cost of renewables.

Renewables and storage continue to drop as mass manufacturing increases.

https://about.bnef.com/blog/cost-of-clean-energy-technologies-drop-as-expensive-debt-offset-by-cooling-commodity-prices/

https://reneweconomy.com.au/is-nuclear-power-in-a-global-death-spiral/

https://www.lazard.com/research-insights/2023-levelized-cost-of-energyplus/

@NuModular

carolynporco,
@carolynporco@mastodon.social avatar

@SuperMoosie @NuModular One has to consider both developmental costs and operational costs. 'Renewables' have large grid integration costs and low capacity factors. They require a supplement. That's why oil/gas have aligned with them & tried to destroy nuclear. Nuclear may be more costly to develop but renewables are more costly to operate.

kravietz,
@kravietz@agora.echelon.pl avatar

@SuperMoosie

BNEF and Lazard are investment banks. They show what is good for their investors. Their investors are after short-term gain.

If you look at slightly more diverse LCOE estimates (and with more transparent methodology too), the Lazard result for nuclear becomes a weird outlier.

@carolynporco @NuModular

  • All
  • Subscribed
  • Moderated
  • Favorites
  • politics
  • DreamBathrooms
  • mdbf
  • osvaldo12
  • magazineikmin
  • GTA5RPClips
  • rosin
  • thenastyranch
  • Youngstown
  • cubers
  • slotface
  • khanakhh
  • kavyap
  • InstantRegret
  • Durango
  • JUstTest
  • everett
  • ethstaker
  • cisconetworking
  • provamag3
  • Leos
  • modclub
  • ngwrru68w68
  • tacticalgear
  • tester
  • megavids
  • normalnudes
  • anitta
  • lostlight
  • All magazines