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re: Andrew Yang wants Thorium Reactors by 2027

Posted on 11/16/19 at 12:56 pm to
Posted by Powerman
Member since Jan 2004
162289 posts
Posted on 11/16/19 at 12:56 pm to
quote:

Your claim was "And you could find the money for that by immediately eliminating all renewable initiatives at the federal level." Do you believe that, or not?


We spend roughly 7 billion a year on green energy subsidies

Completely eliminate that over a 10 year period and divert a portion of those funds to investing in nuclear infrastructure and you get a much better return on investment.
Posted by Taxing Authority
Houston
Member since Feb 2010
57517 posts
Posted on 11/16/19 at 3:11 pm to
quote:

We spend roughly 7 billion a year on green energy subsidies
So we spend about ~$1.3-sh trillion on electricity generation. While $7B sounds like a lot... it works out to about 0.5% of the total electricity market. No one's decommissioning perfectly operating power plants for that.

quote:

Completely eliminate that over a 10 year period and divert a portion of those funds to investing in nuclear infrastructure and you get a much better return on investment.
You still haven't explained how you get any "return on investment" by creating more supply of an already oversupplied commodity.
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