In a recent study, researchers from the European Environmental Bureau (EEB), the Stockholm School of Economics (SSE), and the Potsdam Institute for Climate Impact Research (PIK) questioned the planned development of new nuclear capacities in the energy strategies of the United States and certain European countries.
If we had an energy system owned by the people and not ran for profits, nuclear would be a viable, and probably even the preferred, option. We do not. We’re probably going to have to fix that to get a practical and reliable clean energy grid.
What do you do with the waste in that scenario? Who pays for that? Or for insurance?
No, it would just bankrupt the state. Just because something is state owned, doesn’t mean the cost vanishes.
Infrastructure in this country is already so heavily subsidized by the federal government (and state, if you live somewhere that actually cares about your well-being) that we’re already pretty much paying for it all.
Profits are what is earned after expenses. It wouldn’t bankrupt a state to run energy infrastructure at cost.