At a recent White House summit, fusion experts discussed ways to accelerate the development of commercial fusion energy and embed justice considerations into the foundations of the nascent industry.
Upcoming Events White House Summit: Developing a Bold Decadal Vision for Commercial Fusion Energy Thursday, March 17, 2022 at 10:00 AM to 1:00 PM ET Watch
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Big money, nuclear subsidies, and systemic corruption,
Material interests and policy interests.
The most common argument used by these companies and those who support nuclear subsidies is the need to fight climate change. There are two problems with this argument.
First, it is based on the false idea that nuclear power, if shut down, will necessarily be replaced by fossil fuel plants. A June 2016 decision by Pacific Gas and Electric (PG&E) demonstrates the invalidity of this assumption. PG&E will close the last two nuclear power plants in California (the Diablo Canyon units) by 2024 and 2025, replacing the lost electrical capacity “with a cost-effective, greenhouse gas free portfolio of energy efficiency, renewables and energy storage.” This move to renewables is more cost-effective today than it was in 2016 because of declining costs of renewables and energy storage. As Matthew McKinzie of the Natural Resources Defense Council argued at that time, the decision “shows that