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this post was submitted on 28 Jul 2023
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It had a huge investment in the 40s, 50s and 60s. At least in the US.
Really, we should acknowledge again that the extreme price of nuclear is a US problem, and not as applicable to the rest of the world, although some of the regulatory sabotage was exported to other countries via treaty.
And again, capitalism cannot solve a problem that capitalism created, because oil is still too fucking profitable to solve it.
As to your example of governments running schools to make better workers for capitalism... Need I say more? Schools are not often run for profit, and the ones that are almost always perform worse than the ones that are run by the government at cost.
As to Hydo, most rivers that can support hydro are already tapped, and creating artificial lakes is worse for the environment than almost anything else you can do. The rotting plant matter at the bottom emits more methane than people realize. And that's not even mentioning the ecological damage to the river itself.
As to wind and solar, sure, there's somewhere on the planet you could probably build more, but getting the power from those places to where it's needed is going to cost more than just building an on site nuclear plant, even at the artificially elevated US prices.
This goes into why prices in the US are elevated. It's a fascinating read. It doesn't talk about some of the issues of scale, i.e. the fact that new nuclear plants are often so huge that they need special everything to even be built. Which is actually an outgrowth of the regulatory licensing structure, but it does cover some of the stupidity around the regulations.