The Cairo Curmudgeoness
on April 20, 2022
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     I sat back this afternoon and had a good, old-fashioned belly laugh.  Our federal government, in it's infinite wisdom, has announced a $6 BILLION effort to loan money to nuclear facilities that are being closed for financial reasons in order to keep them open! Stop for a minute and think about that....
    You have seen businesses close facilities that aren't profitable. It may be due to labor costs, employee training costs, maintenance costs of the facilities, costs associated with updating facilities etc.  Generally, a business will reduce all costs possible, not filling empty slots, reducing training, deferring maintenance, before they decide to close.  Once the decision is made, all possible expenses are cut to the bone. Now the administration has decided to loan money to those very facilities.  Starting with those that have ALREADY announced closing dates!
     I remember all of the protests associated with nuclear facilities.  It was led by environmentalists who believed that the inherent risks associated with nuclear facilities far outweighed any benefit. But, now, suddenly it is a "green" alternative.  And, oh, by the way, let's save the older, money losing ones first.  In what world does this make sense? 
     You can laugh or cry at the sheer audacity of the bureaucrats.  You don't keep spending money on a losing proposition.  In my mind, this is just another "hidden" item truly designed to further increase electrical/energy costs and reduce availability.  What do you think?
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