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oldstrangers | 1 year ago

Saving the planet doesn't make the stock prices go up, so no one will care.

Private companies are now getting their own nuclear power stations to power AI. We can't get new nuclear power for public use, but private for profit initiatives? Absolutely.

discuss

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syncsynchalt|1 year ago

> Saving the planet doesn't make the stock prices go up, so no one will care.

I mean, it _could_, if you set up a market structure to incentivize it. CAISO (California) has done this, and now solar and storage costs are plummeting and associated industries are booming as the solar+storage solution starts outcompeting other forms of energy production.

Heck, solar+storage is even booming in ERCOT (Texas), which has no specific market incentives for it. Their spot market swings so wildly that storage makes money on power arbitrage and transmission easing.

alwayslikethis|1 year ago

Any nuclear power plants being built decreases the marginal cost of building another. If private companies are willing to front the cost of building the first one in recent times, it may help.

jumpCastle|1 year ago

Stock prices cannot go up without if the planet is destroyed

oldstrangers|1 year ago

They don't seem to care about that part.

ant6n|1 year ago

As a wise man once said: „nature decays! But latinum is forever.“