The history of nuclear administration in Japan should teach us that privatization of nuclear energy generation is a bad idea. I realize a lot of people will read this who have specialist knowledge on the subject but that’s not really relevant to my criticism:
The purpose of the infrastructure should not be to profit but to power profit engines. This allows us to focus on safety and reliability in a way which has been shown to be difficult or impossible under private ownership.
Also, before replying with examples of bad public ownership, I am in no way arguing that “government good.” Simply that the incentives set up by public ownership set projects like this up for failure in a way which public ownership can avoid.
The consequences of failure here are too great to risk exposing it to the profit motive.
The purpose of the infrastructure should not be to profit but to power profit engines. This allows us to focus on safety and reliability in a way which has been shown to be difficult or impossible under private ownership.
Also, before replying with examples of bad public ownership, I am in no way arguing that “government good.” Simply that the incentives set up by public ownership set projects like this up for failure in a way which public ownership can avoid.
The consequences of failure here are too great to risk exposing it to the profit motive.