Economically failing nuclear plant to receive 1.1B bailout (apnews.com)

submitted 10 months ago by lettruthout@lemmy.world to c/climate@slrpnk.net

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"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?

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[-] Nyfure@kbin.social 4 points 10 months ago

Shouldnt matter much either way because they have to have so many regulations anyways..

[-] mxcory@lemmy.blahaj.zone 6 points 10 months ago

I am of the same mind that they should be government run because electricity is a necessity for modern life. Electricity should not be produced for profit. Yes it would be nice for it to bring in more than it cost in order to fund expansion and upgrades, but shareholders shouldn't be involved.

I personally believe it should basically be another USPS, but hopefully consistent and safe.

this post was submitted on 18 Jan 2024

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