Diseconomics of Generation IV nuclear reactors -theme for April 19
First of all, dispel the nonsense that these expensive gimmicks will solve climate change. They can’t. And even if they could, they’d be deployed far too late to make any difference.
Generation IV nuclear reactors , Thorium Molten Salt Reactors (TMSRs) , Medium and Small Modular Nuclear Reactors (MSRs) – have only one real use – to support the nuclear weapons industry – providing it with expertise, materials, technology development and media hoohah.
The nuclear salesmen promote other lies, as well as the climate one. There’s the lie about solving the waste problem, and the one about safety.
But the most compelling case against Generation IV nuclear reactors is that inevitable one – COST. There’s no market for these nuclear lobby toys – no chance of commercial biability. That’s mainly because , to have any hope, they would have to be ordered en masse. – and who’s going to invest in that risky idea?
Therefore – the only possible customers are governments. Which means YOU – your taxes.
In the meantime, rapid developments in energy efficiency, renewables, and battery storage offer a genuine opportunity for investors – and they are taking it up.
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