I don’t think nuclear power was killed by NIMBYs, at least not entirely. In the 1970s and 80s the financial world started taking a much more short-term view. Nuclear power plants have such a huge up-front cost that you aren’t going to see returns for decades. When the market wants numbers to go up every quarter they’re not going to finance something that won’t make a profit for 20 years.
I don’t think nuclear power was killed by NIMBYs, at least not entirely. In the 1970s and 80s the financial world started taking a much more short-term view. Nuclear power plants have such a huge up-front cost that you aren’t going to see returns for decades. When the market wants numbers to go up every quarter they’re not going to finance something that won’t make a profit for 20 years.
If only it were as exciting as the shitty startups that sell for millions a few years after being founded despite never making any profit…