this post was submitted on 27 Jun 2024
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[–] sandbox@lemmy.world 2 points 4 months ago (1 children)

DOE Announces $2.7 Billion From President Biden’s Investing in America Agenda to Boost Domestic Nuclear Fuel Supply Chain

Wow, some industry lobbyists got government funding, amazing. Global fossil fuel subsidies are at $7 trillion, so I guess those are really relevant to our future as well!

I don’t want developing countries to waste their money on nuclear power when they can get much more cost effective renewables.

[–] PanArab@lemm.ee 0 points 4 months ago

Wow, some industry lobbyists got government funding, amazing.

Not just in the US, China too is building nuclear reactors faster than any other country

Global fossil fuel subsidies are at $7 trillion, so I guess those are really relevant to our future as well!

No of course not. The subsidies at this point at a crime against humanity.

I don’t want developing countries to waste their money on nuclear power when they can get much more cost effective renewables.

If the renewables are cost effective and provide stable power then I too want them to be priority -near zero risks-, but more importantly industry and business will seek them on their own. I just hold that nuclear power should be part of the mix. Take the UAE for example it is investing in both nuclear and solar.