This is why the government requires you to have long term finances that can be used to prevent a disaster long term due to financial issues.
Comment on Sam Altman takes nuclear energy company Oklo public to help power his AI ambitions
homesweethomeMrL@lemmy.world 5 months ago
Alls I know is, putting nuclear technology in the hands of a techbro can only work out great for everyone.
When they layoff everyone and leave the place poisoned for millennia, the share price is gonna jump!
possiblylinux127@lemmy.zip 5 months ago
BugKilla@lemmy.world 5 months ago
I think you make a good case for making energy production a public utility. Private ownership of essential services is ethically bankrupt. The fact that a company can fail and leave people without core services, is disgusting in my opinion. Even more disgusting is that they almost always seek public funds to bail them out.
possiblylinux127@lemmy.zip 5 months ago
You misunderstood. The government requires that the company invest plenty of extra money into funding in case the company fails. I think this is a bond but I don’t remember.
For instance, the TMI (three mile island) decommission started in 2019 and will be finished by 2079. There has been multiple changes in ownership but the current company is using the leftover cleanup funds to slowly decommission the site.
technocrit@lemmy.dbzer0.com 5 months ago
finished by 2079
Wow what a success story. I’ll trust that everything works out great by 2079. \s
UndercoverUlrikHD@programming.dev 5 months ago
There are regulations in place, and nuclear power plants do not leave toxic waste around them? They aren’t like coal plants that simply dump the waste into the air.
exanime@lemmy.today 5 months ago
Unfortunately made and destroyed by policitians you can legally buy in the USA… They are cheap too, $10k gets you tons of access, for $100k you can make them dance like monkeys
UndercoverUlrikHD@programming.dev 5 months ago
Got any sources for that happening in that domain? I doubt there are many politicians of the old guard that are comfortable relaxing nuclear power regulations.
exanime@lemmy.today 5 months ago
ewg.org/…/nuclear-industry-politics-bribes-corrup…
I respect your attempt to narrow it down enough to maybe escape my generalization… The lesson is never put your trust in politicians
MonkderDritte@feddit.de 5 months ago
Wasn’t there a flood of poisenous chemical sludge in US a few years ago?