This is a good way to force the (often monopolistic) providers to get their shit together, as google did with google fiber.
This is a good way to force the (often monopolistic) providers to get their shit together, as google did with google fiber.
Capitalism fails very quickly the moment you try and push past sensible regulation and legislation. Look at the whole US situation right now.
It's expensive as hell already and we still don't handle waste or environmental issues properly. Capitalism isn't going to solve anything other than the price as it'll defer the rest until it's someone else's problem much like it does not on every single damn sector's waste.
I'm not anti-nuclear. We need it. What we don't need is tech companies getting into the market.
We should assume they're acting rationally, so the real question is, why do they find this interesting at all? Why not dump the money into private solar farms instead?
Gates in particular seems to have been a disciple of Vaclav Smil, a person whose arguments against renewable cost reduction were wildly mistaken.