I used to be so excited about fusion, but then I actually learned more about it. Perhaps I'm missing something, but the benefits over fission seem underwhelming. It's about the same cost on a per-megawatt basis. Modern fission plants are totally safe. Nuclear waste is basically a non-problem, especially with the most recent technology. And fission has the huge benefit of being a mature, proven technology. What's the…
Don't you think that the fact that you can use sea water as input and you get hydrogen as output is a huge advantage over fission? Add to that the fact that there is no fukushima style meltdown in a fusion power plant. If something goes wrong, it just stops. Finally, contrary to fission, fusion power plants will be able to adjust their power output as fast as gaz power plants. It takes months to turn on or off a fiss…
If you're talking about the US, those were loans which, simply put, returned a profit to the US within a short number of years.
https://projects.propublica.org/bailout/
$634 billion out, $743 billion in for about $109 billion in profit for the taxpayers in about ten years.
While I agree that major investment into future technology is important, I think comparing it to short term loans that had collateral in the form of bank equity, and which were repaid with a profit to the government, is a poor comparison.