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The Impact of the Oil Crisis and Economic Factors on the Downfall of Nuclear Power
Exploring the historical impact of the oil crisis on the growth of nuclear energy, the economic reasons behind utilities canceling nuclear plant orders, and the high cost and risks associated with nuclear projects. Includes an ad from sponsors Vanta and NetSuite.
Dan Romero and Erik Torenberg are joined by Packy McCormick of Not Boring and Julia DeWahl (founder of Antares, ex-SpaceX) to talk about the past, present, and future of nuclear energy. Packy and Julia co-host a new narrative series called Age of Miracles ( If you’re looking for SOC 2, ISO 27001, GDPR or HIPAA compliance, head to Vanta for $1000 off: https://www.vanta.com/zen
SUBSCRIBE TO AGE OF MIRACLES: Podcasts: https://link.chtbl.com/ageofmiracles | YouTube: https://www.youtube.com/@age-of-miracles
We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com.
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SPONSORS: BEEHIIV | SHOPIFY | VANTA | NETSUITE
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Sign up for our newsletter to receive the full shownotes: https://momentofzen.substack.com/
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X / TWITTER:
@packym (Packy)
@juliadewahl (Julia)
@dwr (Dan)
@eriktorenberg (Erik)
@moz_podcast
@TurpentineMedia
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TIMESTAMPS:
(00:00) Episode Preview
(01:46) Why the interest in nuclear energy?
(05:45) Why does energy matter?
(09:10) Greta Thunberg and environmentalism as religion replacement
(12:08) Why France got it right in the 70s
(14:48) Sponsors: Vanta and NetSuite
(17:04) Myth-busting: nuclear waste and disasters
(22:33) Why has the anti-nuclear movement been so potent?
(26:46) Breaking down the incentives at play in regulation and the free market
(39:00) How do you change the perception and safety?
(47:50) The opportunities to build in the nuclear space
(56:50) Applying Elon’s frameworks to building in the nuclear space
(01:00:45) Safety culture and accountability
(01:08:20) Opportunity for SMR companies from Microsoft and congress
(01:10:20) Are we overestimating nuclear’s impact versus other energy sources?
(01:16:05) Capital markets and idea maze problem
(01:23:00) How to get involved in opportunities in nuclear if you have no background
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Listen to the best highlights from the podcasts you love and dive into the full episode