It is not easy to separate the issue of cost from that of environmentalist politics. The emotiveness of radioactivity and nuclear weapons allowed environmentalism to win the political debate at the time. For instance, the accident at Chernobyl in the Soviet Union was used as an argument against Western nuclear power technology, yet the thousands of coal miners killed in China were never used as an argument against Western coal mining. As a result, governments imposed costs and other obligations on nuclear power that were never imposed on other power sources. That was the means by which nuclear power became 'non-competitive'.
Bear in mind that nuclear power stations were being built at full speed in the 1960s, when oil was far cheaper than now.
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Re: A Good Argument
It is not easy to separate the issue of cost from that of environmentalist politics. The emotiveness of radioactivity and nuclear weapons allowed environmentalism to win the political debate at the time. For instance, the accident at Chernobyl in the Soviet Union was used as an argument against Western nuclear power technology, yet the thousands of coal miners killed in China were never used as an argument against Western coal mining. As a result, governments imposed costs and other obligations on nuclear power that were never imposed on other power sources. That was the means by which nuclear power became 'non-competitive'.
Bear in mind that nuclear power stations were being built at full speed in the 1960s, when oil was far cheaper than now.