Comment by boringg
6 hours ago
This should be a quick reminder to the crowd -- Nuclear is almost always a public/private partnership to manage the project development costs and to keep the cost of capital in a reasonable range. The costs are large for a private company to put up the capital with the risk involved.
In other words: nuclear is not viable unless the risks are offloaded to the public. Privatize profits, socialize risks.
Its the same with any massive infrastructure investment - only governments have the balance sheet to build them.
It is not that way with other similar types of power production.
Or, you know, socialize risks, socialise profits. I don't know why we would have to put up with this abuse and corruption any longer.