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URL:  https://boards.fool.com/pete-writes-here-in-the-us-total-yearly-co2-34081526.aspx

Subject:  Re: Violent extortion in France... Date:  12/11/2018  1:57 AM
Author:  jaagu Number:  548913 of 563341

Pete writes:

Here in the US, total yearly CO2 emissions are today about the same as they were in the early 1990s, so we actually have been doing a fairly good job. This wasn't an intentional effort. It was mostly just replacing a big chunk of coal-fired electricity with natural gas as the fuel. Obviously, more needs to be done. Nuclear power needs to be a big part of the solution.

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The U.S., which had been steadily decreasing its carbon pollution, showed a significant rise in emissions — up 2.5 percent — for the first time since 2013.

https://www.foxnews.com/science/carbon-dioxide-emissions-ris...

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Pete keeps promoting nuclear power, but here are the facts about the lousy nuclear power performance over the last few years:

1. Several operating plants were closed permanently and several more will close in the next few years. At least a dozen new nuclear plants were proposed and subsequently canceled because of cost and schedule.

2. The nuclear power plants designer Westinghouse went bankrupt because of cost overruns at Summer and Vogtle nuclear plant construction projects.

3. The Summer 2&3 nuclear plant that was in construction for years in South Carolina was canceled after Westinghouse bankruptcy resulting in big losses for the people of South Carolina, the construction workers and the share holders.

4. The only remaining new nuclear plant in USA is Vogtle 3&4 - but this nuclear plant is still having more and more cost increases and schedule delays. Vogtle 3&4 construction is only 60% complete and is forecast by oversight experts to miss its new completion dates of 2021 and 2022. The original completion dates were 2016 and 2017.

https://www.powermag.com/plagued-by-grim-challenges-vogtle-n...

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So based on the above facts, I do not understand how Pete can claim that nuclear needs to be part of the solution for carbon emissions. New nuclear power plants are too expensive and take too long to build. Old operating nuclear plants are losing money.

Renewables and natural gas are the cheapest and fastest new power generation to build and operate based on levelized cost of energy.

https://www.lazard.com/perspective/levelized-cost-of-energy-...

jaagu
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