The Daily Parker

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How to cut 50% of our carbon emissions for only $14 trillion

Andrew Sullivan points to an energy source we already know how to build that can completely eliminate greenhouse-gas emissions wherever it comes online:

Here’s a suggestion: Focus on a non-carbon energy source that is already proven to be technologically feasible, can be quickly scaled up, and can potentially meet all our energy demands. What we need, given how little time we have, is a massive nuclear energy program. Sure, we can keep innovating and investing in renewables, and use as much as we can. But they are not going to save us or the planet in time. We know nuclear works and does so quickly. As argued in Scientific American:

The speediest drop in greenhouse gas pollution on record occurred in France in the 1970s and ‘80s, when that country transitioned from burning fossil fuels to nuclear fission for electricity, lowering its greenhouse emissions by roughly 2 percent per year. The world needs to drop its global warming pollution by 6 percent annually to avoid “dangerous” climate change in the estimation of [respected climate scientist James] Hansen and his co-authors in a recent paper in PLoS One.

What’s the catch? It’s superexpensive. While the price of renewables keeps falling, nuclear remains very costly. The plants take a long time to build, and they’re difficult to site. One estimate is that it would cost $7 trillion to build a thousand nuclear plants, which would allow us to get a quarter of our energy from this non-carbon source. For the U.S. to get half its energy from nuclear would cost around $14 trillion. But if we committed to a huge nuclear investment, and the innovation that comes with it, that cost would come down. Compared with one estimate of $93 trillion for the Green New Deal, it’s a bargain.

Illinois used to have a lot more nuclear power. Vermont, at one point, got 100% of its electricity from the Yankee One plant. Maybe we can get back there, and cut greenhouse gas emissions in the balance?

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