Just a short https://abs.twimg.com/emoji/v2/... draggable="false" alt="🧵" title="Thread" aria-label="Emoji: Thread"> to bury the idea that #nuclear energy development delays/side-tracks renewable energy expansion or #ClimateAction https://abs.twimg.com/hashflags... draggable="false" alt="">, or represents some sort of unacceptable opportunity cost.

Here& #39;s investment according to the IEA 1/5 https://twitter.com/IEA/status/1272438956383232001">https://twitter.com/IEA/statu...

Only the modest bars in the circle attract the accusation of opportunity cost: 5% out of 2020& #39;s total anticipated investment is dismissed as wasted-and-it-should-have-gone-to-renewable-energy.

Obviously motivated reasoning but let& #39;s pin down exactly how. 2/5

Firstly, even with quite a few years project lead time & construction, heaps of coal & gas will remain to be replaced despite accelerating renewable addition, & when #nuclear catches up, it& #39;s worth it. #abstract">https://www.iea.org/reports/sustainable-recovery/electricity #abstract">https://www.iea.org/reports/s... 3/5

Secondly, investment needs to vastly increase, 𝙣𝙤𝙩 be subject to imagined limits then portioned out according to priors & biases.

The IEA is probably low-balling this anticipated quadrupling of investment by 2030
https://twitter.com/IEA/status/1315921383722016774">https://twitter.com/IEA/statu... 4/5

If up to $150 𝙩𝙧𝙞𝙡𝙡𝙞𝙤𝙣 in the next 3 decades is needed, spending on new #nuclear is so far a drop in the ocean, & to insist otherwise is to betray a personal difficulty with the scales involved in effective #ClimateAction https://abs.twimg.com/hashflags... draggable="false" alt="">.
https://link.theedgesingapore.com/qmEaKDNnkJq5ReJ18#:~:text=The%20combined%20financing,next%20three%20decades">https://link.theedgesingapore.com/qmEaKDNnk... 5/5