Earlier quoted context omitted.
Regulations are a nightmare for good reasons. Nuclear power is safe because regulations are a nightmare. Yes, we could build Chernobyl-like power plants with soviet-like regulations, that are cheap. That leads sooner or later to Chernobyl-like accidents. If nuclear power depends on lowering the safety regulations to be economically viable, it is not economically viable, at least for now. Take for example the infamous…
You're not necessarily wrong. At the end of the day we lost all nuclear expertise when the public turned against it 40 years ago. Per kwh fossil fuel disasters have killed more people and have caused more damage to the environment. Compare the public reactions to the Three Mile Island Accident vs the BP oil spill.
Subsidizing solar and wind 40 years ago, in the amount nukes got, would have brought us to the present efflorescence of miraculously cheap renewable energy 30 years ago, and we would not today be facing imminent climate disaster and ocean ecosystem collapse.