Somebody needs to do for nuclear reactors what Samuel Colt did for revolvers: mass-produce them with interchangeable parts.
Thus argues Matt Ridley, who appreciates nuclear power for its superior safety compared to other engineered sources of energy. However, nuclear power plants have been forced on a policy mandated
journey of relentless cost inflation for several decades. [...] (T)hat cost escalation has stopped nuclear plants being built, which has cost lives by making us adopt more dangerous technologies instead. It has also given nuclear projects time horizons that rule out private investment, repetition and hence cost-saving innovation.
Read the entire highly instructive article at the source.
See also Hiroshima, Chernobyl, and Fukushima.
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