- December 22, 2021
- Posted by: Stratford Team
- Category: Business
The climate crisis is upon us, and we have no time to lose. We cannot afford a single false step. Even as the UN COP26 climate conference failed to put us on the necessary path to keep the world within 1.5 degrees Celsius of increased warming, there are still important choices to be made as countries roll out their latest climate plans.
That is why the United States, in its pursuit of carbon reductions, must not allow itself to be misled by the false promises of nuclear power, both its continued use and illusory new programs. Either would be a mistake.
The push to develop new nuclear is focused on so-called advanced reactors and Small Modular Reactors (SMRs), designs whose cost and safety uncertainties have not been satisfactorily addressed.
Yet, Congress is already looking to award just two “advanced” fast reactor designs — the Terrapower Natrium reactor and X-energy Xe-100 reactor — an extravagant $3.2 billion in subsidies, even though…
