So why should banks fund a dozen high financial risk projects with huge initial investment and lower projected roi, when they can just hedge with a thousand smaller wind and solar projects that can be realised in much shorter time-scales, have a diverse pool of suppliers, and a known roi.
While I'm typing this germany is producing 95% of it's electricity demand via wind and solar.
And we built as much wind and solar capacity in the last 3 years as the total nuclear capacity ever had combined.
So no luck needed, all we need to do is keep steady and avoid derailing everything with bad investments like nuclear.
Not true. Well, unless you fall for nonsense like the Lazard "study" that looked at exactly 1 nuclear power plant, the most expensive one ever built, and used that as "the cost of nuclear". Except that wasn't enough. They also had to lower the expected life of the plant.
When you look at actual costs, nuclear LCOE is highly competitive.
When you start looking at system cost (grid, storage, overcapacity required due to intermittency) nuclear becomes an incredible bargain and renewables are completely unaffordable.
Of course you can also look at actual electricity prices: electricity in France has been cheaper than in Germany for decades. And 7x cleaner.
That's all great, no doubt. But nowhere near close to 95% renewable mix.
[0] https://www.energy-charts.info/charts/renewable_share/chart....
Sure, it's a windy sunday. But that doesn't change the fact that we're on the right track and just need to continue with renewables.
https://www.energy-charts.info/charts/renewable_share/chart....
So do not despair.
You mean the Citizens. The Federal Government does nothing but redirect the hard work of its people or print the money, which is essentially the same as it causes inflation. If this were a solution the people actually wanted it would succeed on its own with direct ridership fees.
There has never been a time with so many people, and so few wars, relatively speaking. Why increase budgets? Why operate at an increasing loss each year waiting for giant monetary rescue? The reasons are as old as human failing, and as obvious as poor systems design, sometimes. Its a thousand roller coasters running without synchronizing, it seems.
My suggestiom would be to demilitarize NATO and create a new security architecture that states if you come one step westbound we will nuke you (Russians). That will be enough to appease both sides and you'll save boatloads of money from being pilfered by the west's military industrial complex.
I hate that the Ukrainians have been used as pawns in a western gambit when they could have had literally the best of both worlds. Low energy prices from the east and European culture and influences from the west. But now because of the petulant children in power in Europe they can't have any semblance of a society anymore.
Remember when they put missiles in Cuba? We can't ignore their security concerns and pretend facts exist in a vacuum.
Claiming some nebulous security concerns does not justify invading a sovereign nation. Ukraine did express their desire to join NATO, that is their right as a sovereign nation. Russia does not have a right to control what their neighbours do. Your argument is denying Ukrainian Sovereignty.
Nuclear weapons are a special case, which is why we have treaties today that limit certain types of them. Cuba is not a comparable case here at all.
Source: Amongst countless others https://en.wikipedia.org/wiki/Cuban_Missile_Crisis
If you want to pretend this is solely about abusing Ukrainian sovereignty then that's fine. The west was happy to abuse Ukrainian sovereignty in 2014 when their intelligence agencies helped overthrow their democratically elected government. So really your logic is just a ruse. The facts speak for themselves.
Europe has generally been dropping its military spending over the last several decades with a recent inadequate uptick due to Russian aggression. I’d hardly call that “endless money for war.” The real stupidity in their capital allocation is favoring renewables over nuclear in one of the worst regions on the planet for solar and even wind only makes sense in confined areas.