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© 2023 AFPEU unveils plan to counter U.S. green subsidies, China competition
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© 2023 AFP
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theFu
The US isn't being harmed by the Russian oil sanctions nearly as much as Europe and Japan. The US isn't being a very good global neighbor to our friends. Macron and Biden discussed this at their meeting, but it didn't change anything on Biden's side.
US subsidies for "green" companies and technology that impact cross-border trade seems like a violation of WTO rules. Of course, the USgovt is trying to encourage US companies to "go green" faster. Germany did that with power generation. A new study in the US says that generating electric power is cheaper using solar and wind than burning coal for every coal plant in the US, except one. https://arstechnica.com/science/2023/01/new-wind-solar-are-cheaper-than-costs-to-operate-all-but-one-us-coal-plant/
Also, the NRC has just approved a smaller nuclear reactor, NuScale SMR, for generating 60MW. These SMR designs use passive cooling and aren't under high pressure, which is a nice design trait. If all cooling is lost, the reaction will slow and stop without any risk of explosion. They are about ⅓ the size of a full-scale AP-1000 reactor. Will be built in a factory and shipped to the final location. Up to 12 of the reactors can be installed to allow for maintenance to be shifted between the different reactors. https://www.energy.gov/ne/articles/nrc-approves-first-us-small-modular-reactor-design Recent economic studies have risen the $/MW from $60 to $89 thanks to 2022 inflation. That puts the NuScale SMR reactors at a similar construction price as the 2 new Vogtle nuclear reactors which famously over ran their budget 100% ($14B -- over $30B and over 6 yrs late).
Jim Dandy
It's like the USA took a page right out of the rail, bus, airbus, solar subsidies the EU has given for decades. Now they complain? Europe only knows how to complain.
When are the Eu countries, Russia, China going to pay the USA for their existence from WWII? When will the Marshall plan be paid back?
Tired of Europe.