Comment 33 billion is not much (Score 1) 32
http://www.reuters.com/busine...
It may well be the money these green funds have invested is a mistake, but in no way would that investment ever be missed. It is a tiny drop in the barrel, as it were.
Keep in mind that the slow permitting and build time doesn't just mean you have to wait a fixed amount of time to get a nuclear plant ready to go like popcorn from a microwave, it means vulnerability to further delays and even cancellations.
China has no issues with this. Red tape is a western problem, and it applies to renewables too. I get a good laugh out of people protesting and challenging offshore wind using the same tactics as the anti-nuclear crowd. They are all the same kind of people.
Meanwhile renewable power systems like wind, solar and tidal can be whipped out and dropped into place like a camping chair in comparison, often within a single leadership term of a democratic country.
A democratic country with import contracts as backup. There is another thread on
The alternative to nuclear or renewable is fossil fuels, so I can't understand why anyone would risk decades of fossil fuel use on the long-term gamble of building nuclear power if anything renewable is an option.
The part you don't get is you are going to need them all. The world is not going to run on renewables in 2050, not even close. Sorry to burst your bubble.
I hate to break this to American readers, but the US market is more disconnected than all other developed world markets
North America also includes Canada and Mexico, who are very much the same as the US in this regard.
You certainly see a lot of them on the road in the US: Big shiny pickup trucks that have never seen a dirt road or a bed full of lumber, and SUVs with a single occupant just doing their daily stuck-in-rush-hour commute.
They are the modern replacement for the big cars and station wagons of yore. Spacious, luxurious, high seating position, all weather capable. I don't own a new pickup or SUV, but many of them are very nice. Much nicer than the typical econobox.
Yes, but then you need to keep nuclear running all the time, and that a) defeats the purpose of going renewable
This makes no sense, unless you think intermittent power is a goal. Most people want reliable 24/7 power there whenever they need it. You can do this with renewables/storage/transmission, but is vastly more complicated, and expensive, than most people imagine. Having some plants that run all the time makes it much easier. I think that was kind of the whole point of the article.
adding nuclear capacity to the grid on a timescale that would be relevant to addressing global warming.
Everyone is using 2050 as a benchmark for net zero. That is 25 years away. Yes, we should have started much sooner. There will be plenty of opportunity to assign blame, but still better to start later then never. Putting it off even longer won't have a better result. 15 years from now you may still be saying there is not enough time, but you are not fooling anyone.
Greens had no effect on global warming
Greens are why the world has 400 reactors and 12,000 thermal coal plants.
AGI used to be defined as passing the Turing Test, which large language models have done for a couple of years.
What's the new test that AI is supposed to pass to be considered generally intelligent?
Do it without being connected to the internet.
"Set to begin" implies readiness, which is not the case. They were not just waiting for the go-ahead to turn shovels. You can see this is true because of the subhead "OPG to finance construction through cash, debt" which says they have not even financed the operation yet.
Actually shovels have been turning for 2 1/2 years already, site preparation takes time, but that is now complete. Set to begin means what it says. Handily there is a big advantage in building on an already licensed nuclear site, it makes it easier to keep the anti nuclear nutjobs from trying to delay and increase costs. Also, Canada has a successful history with nuclear power, we don't have as many snowflakes as some other places.
http://news.ontario.ca/en/rel... Note the date. I presume people have been getting paid so far, you read more into that financing statement than the simple info it provides.
Will they build this reactor? I'd bet no. If they do, will they meet their budget? No reactor has, as again, a quote in your own citation points out.
OPG already has a fleet of traditional reactors and are currently refurbishing some of them, all of which are/were on budget and on time. This will be bad news for the people who want them to fail. Unfortunately for you they are demonstrably competent.
http://www.world-nuclear-news...
Canada has also completed site selection for our waste repository, which should construction soon as well.
http://www.nwmo.ca/en/site-se...
Fortunately China is not the only place where nuclear power has a great future.
The history of nuclear power is a grift of over-promising, over-toxification, under-liability. Renewables have arrived.
Yeah we know, renewables are going to save the world. The problems is solved, so I needn't care anymore. Fortunately I don't.
In reality, I'm just going to sit back, enjoy life, and watch you fail. Content in the knowledge that I am not complicit or participating in your failure. Have fun!
There is nothing like working "modular reactors" on the horizon
The horizon is getting close.
http://www.cbc.ca/news/canada...
Genius is one percent inspiration and ninety-nine percent perspiration. -- Thomas Alva Edison