This Is The Case For Investing In Nuclear Power
Odd Lots
Bloomberg
4.5 • 2K Ratings
🗓️ 14 March 2022
⏱️ 50 minutes
🧾️ Download transcript
Summary
The soaring price of electricity, particularly in Europe, is once again causing a search for alternative sources of power. Obviously there's a lot of interest in wind and solar -- the classic renewables. But due to their intermittency, it's difficult to use them to sustain the power grid without some kind of backup. Enter nuclear power? On this episode of Odd Lots, Joe Weisenthal and Tracy Alloway speak with Meredith Angwin, the author of Shorting The Grid: The Hidden Fragility Of Our Electric Grid, and a long time energy researcher. She makes the argument that nuclear is safe, clean, sustainable, and the answer to concerns about grid reliability.
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| 0:49.2 | Hello and welcome to another episode of the Odlots podcast. I'm Joe Wyzenthal. |
| 0:54.4 | And I'm Tracy Alloway. So Tracy, we recently did an episode with Matt Klein. And we talked about |
| 1:02.3 | essentially what a disaster German energy policy has been over the last several decades. |
| 1:09.6 | Winding up in this position where it's energy usage is not only heavily reliant on Russian gas. |
| 1:15.6 | It's also really not clean. And so even if your vision is low carbon, they haven't achieved that |
| 1:22.6 | either. Yeah, the worst of all worlds. I would say years of under investment in energy capacity, |
| 1:29.0 | moving away from nuclear after Fukushima, increased reliance on Russian gas, which clearly |
| 1:36.3 | is problematic now, and not actually reducing any of their carbon emissions all at the same time. |
| 1:41.2 | Yeah, kind of an extraordinarily bad combination. But you mentioned nuclear. And of course, |
| 1:48.0 | Germany has been moving away from it for some time. But it does feel that even prior to the |
| 1:54.8 | recent energy price spike or even prior to this sort of heightened awareness of the German |
| 2:01.2 | energy situation, specifically, there does seem to be a sort of, I don't know, rethinking or some |
| 2:06.9 | sort of turn in people sort of reconsidering how much nuclear has been shut down over the last |
| 2:12.7 | several years, how little new nuclear has been built and whether that's been wise. |
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