When it comes to government spending, a key variable to identify is the fiscal multiplier. The fiscal multiplier measures how much economic output rises in response to one additional Dollar/Pound/Euro invested by the government. Multipliers above 1.0 is what governments are looking for because they mean that the economy (and thus tax revenues) grows more than what the government spends. As a reference, most infrastructure investments like roads have a fiscal multiplier around 1.1 to 1.3.
The promise of nuclear energy is clear: It's the most effective means of reducing greenhouse gases and combating climate change while still meeting the world's growing demand for energy.
he promise of nuclear energy is clear: It's the most effective means of reducing greenhouse gases and combating climate change while still meeting the world's growing demand for energy.
What about nuclear waste? Has this problem been solved? Or is this not really a problem?
What about accidents? Are newer power plants really that much saver than older ones or is that mostly lobby talk?
I'm (almost) always ready to update my views. Are there sources on the above topics that you recommend, Klement?
Also: Electricity from new renewables seems to be cheaper than electricity from new nuclear (https://ourworldindata.org/cheap-renewables-growth). Does that hold up? If so: Why bother with new nuclear?
The promise of nuclear energy is clear: It's the most effective means of reducing greenhouse gases and combating climate change while still meeting the world's growing demand for energy.
he promise of nuclear energy is clear: It's the most effective means of reducing greenhouse gases and combating climate change while still meeting the world's growing demand for energy.
My main worries about nuclear power are:
Nuclear plants could be terrorist targets. If Greenpeace can set off fireworks inside a nuclear plant (e.g. https://www.thelocal.fr/20171012/greenpeace-activists-set-off-fireworks-at-nuclear-plant-in-france/), terrorists can likely do much worse, can't they?
What about nuclear waste? Has this problem been solved? Or is this not really a problem?
What about accidents? Are newer power plants really that much saver than older ones or is that mostly lobby talk?
I'm (almost) always ready to update my views. Are there sources on the above topics that you recommend, Klement?
Also: Electricity from new renewables seems to be cheaper than electricity from new nuclear (https://ourworldindata.org/cheap-renewables-growth). Does that hold up? If so: Why bother with new nuclear?