Nuclear power gets all the subsidies...
Nuclear power gets all the subsidies...
cross-posted from: https://feddit.de/post/261020
Cao et al. also correctly state that renewable sources of energy in Germany have been heavily subsidized. However, Germany has devoted subsidies to the nuclear industry that more than double those allotted to all renewables put together (3).** The United States has provided the nuclear industry with at least 10 times the subsidies devoted to renewables (4)**. Despite these investments, renewables costs are falling fairly quickly, whereas nuclear costs continue to rise (5–7). In India and China, despite late starts on development, electricity production from wind has overtaken nuclear (8). In restructured markets that allow consumers to choose from a variety of energy options, renewables have been shown to be cheaper than nuclear power (9).