EatTheRich
President
Maybe if nuclear scientists had better union protection more people would go into that line of work.
Well....unsubsidized nuclear can't compete with subsidized petro, for sure. There's little chance if any, of nuclear getting any subsidies. So...the question is, can unsubsidized nuclear compete with unsubsidized petro?You mean it can't compete with heavily subsidized fossil fuels?
Nuclear energy certainly gets its own subsidies, especially in terms of insurance rates. Your last comment may be true...UNLESS we manage to develop controlled nuclear FUSION. That's a whole different ball game.Well....unsubsidized nuclear can't compete with subsidized petro, for sure. There's little chance if any, of nuclear getting any subsidies. So...the question is, can unsubsidized nuclear compete with unsubsidized petro?
The problem with that, is that even if we did away with ALL petro-subsidies, it would be a matter of at LEAST 2-3 decades before nuclear could compete with petro on a fair market field. But, 2-3 decades from now, nuclear's competition won't be with petro, it'll be with new 21st-century alternatives.
I'm beginning to think that within the span of one average human's life, nuclear will go from the "energy of the future", to the "energy of the past".
Obviously, I'm not even the remotest expert in any of these fields! But, when I see those solar arrays in the southwest, that heat water for turbines as opposed to a photvoltaic process, I can't see why in the hell anyone would even THINK to spend the dough and take the risk of nuclear.Nuclear energy certainly gets its own subsidies, especially in terms of insurance rates. Your last comment may be true...UNLESS we manage to develop controlled nuclear FUSION. That's a whole different ball game.
Yeah, and starting in July, the GDP is going to read +3% no matter what. <link>What 'threat' of inflation? The Producer Price Index FELL by 0.6% on its last reading. Inflation is nowhere in sight.
In case you haven't noticed, the petro companies are diversifying. I don't think they really care if they're selling oil and coal in the future -- so long as they're selling energy.I'm not so sure they WILL go back up. But, don't invest your future on my crazy ideas. But, I think the whole world energy reality has flipped rather dramatically over the last decade. Once, the petros may've dreamed of soaking us for every last drop. Now though, I'm guessing their bigger concern, is ending up with zillions of barrells "in inventory", after the world has lost its interest in oil. The petros need to do whatever they can, to keep us hooked on their product for as long as they can. Jacking up prices, doesn't help in that regard.