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#058 Scaling Nuclear Energy, Saving The World – Bret Kugelmass of Last Energy
Smart Friends
Are We So Afraid of Nuclear?
The old nuclear industry over time morphed from a business model of selling power plants to selling fear. So they could sell safety systems they could sell add-ons to the existing plants Which became 10 times as profitable as the original plant itself. The incumbents at the time use something called regulatory capture to create a moat Around themselves and then over time as their business evolved they actually benefited from the fear of Nuclear to create more regulatory moats. That's not an accident that's actually by design.
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