Ontario's power glut means possible nuclear plant shutdowns

[kristopher]

64. Costs for renewables are declining, costs for nuclear are rising.

The purpose of a subsidy is to encourage the *development* of a new technology. They are having the desired outcome with renewable energy, but they have been nothing more than corporate welfare for nuclear power.

A more accurate definition of subsidy was given above where I pointed out to you that a government subsidy comes in many forms and is not limited to direct outlays. It is anything done by the government on behalf of an industry that enhances the competitive stance of a competitor in a market.
Types of modern day subsidies affecting the energy market, Price Anderson falls under D:

A. Tax Policy
Tax policy includes special exemptions, allowances, deductions, credits, etc., related to the federal tax code.

B. Regulation
This category encompasses federal mandates and government‐funded oversight of, or controls on, businesses employing a specified energy type. Fed- eral regulations are an incentive in the sense that they can contribute to public confidence in, and acceptance of, facilities and devices employing a new or potentially hazardous technology. Federal regulations or mandates also can directly influence the price paid for a particular type of energy.

C. Research and Development
This type of incentive includes federal funding for research, development and demonstration programs.

D. Market Activity
This incentive includes direct federal government involvement in the marketplace.

E. Government Services
This category refers to all services traditionally and historically provided by the federal government without direct charge. Relevant examples include the oil industry and the coal industry. U.S. government policy is to provide ports and inland waterways as free public highways. In ports that handle relatively large ships, the needs of oil tankers represent the primary reason for deepening channels. They are usually the deepest draft vessels that use the port and a larger than‐proportional amount of total dredging costs are allocable to them.

F. Disbursements
This category involves direct financial subsidies such as grants. An example of federal disbursements is subsidies for the construction and operating costs of oil tankers.

-what would jefferson do? - pfund and healey, september 2011 pg. 17