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The Dynamist

Nuclear Power: Fear, Cost, and Politics w/ Emmet Penney & Thomas Hochman

Aug 27, 2024
01:07:30

When the average person thinks of nuclear energy, there’s a good chance they’re thinking in terms influenced by pop culture—Homer Simpson’s union job at the Springfield plant, or the HBO miniseries Chernobyl, which dramatized the world’s biggest meltdown.

For all its promise in the mid-20th century, U.S. nuclear energy largely stalled in the 1970s and 80s. While public anxiety over its safety played a role, experts have pointed to the hefty cost of building plants and poor regulatory/policy decisions as having more impact. But in recent years, as demand for low-carbon energy surges and companies like OpenAI, Microsoft, and Google are burning through energy to train artificial intelligence, there is a renewed interest in making nuclear work in this century.

But concerns over cost and safety remain, and even among proponents of nuclear energy, there is a robust debate about exactly how to approach future builds, whether to rely on conventional methods or hold off until new research potentially yields a smaller, more cost-effective method of unlocking atomic energy. What is the state of nuclear power in the U.S. and around the world today? What policies could shape its future? And how might AI, other market dynamics, geopolitics, and national security concerns impact the debate and its outcomes?

Evan is joined by Emmet Penney, the creator of Nuclear Barbarians, a newsletter and podcast about industrial history and energy politics, and a contributing editor at COMPACT magazine. Thomas Hochman, Policy Manager at FAI, is also joining. You can read Emmet’s recent piece on how why nuclear energy is a winning issue for the populist GOP here. You can read Thomas’s piece for The New Atlantis on “nuclear renaissance” here, and his writeup of the ADVANCE Act here.

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