Earlier quoted context omitted.
how much of that is due to regulations or other overhead or inefficiencies? e.g., "China Tariffs Blocked Bill Gates’ Plan for Safe Nuclear Power" https://futurism.com/trump-china-tariffs-bill-gates-nuclear-... also, SpaceX managed to make reusable rockets, I just have to imagine we could make nuclear energy feasible if we approached it from first principles and took a hard look at the entire process.
I always ask: what regulation would you change? Nobody in the nuclear industry has suggestions for what is unnecessary, as far as I can tell. And as Texas showed us last week, without regulations, profit motive alone is not enough to maintain proper equipment. The nuclear plant that tripped off could have made months worth of profit in less than a day. Yet they did not do simple weatherization preparations that they…
but obviously there's no such thing as perfect regulation. it's imperfect, just as with everything else. so you have to ask the question.
regulations are often good and necessary, but they also often outlive their purpose and we end up with stagnation and regulatory capture from large corporations, where startups can't compete. or in the case of nuclear, even a Bill Gates' backed company has a hard time being able to build.