Crémieux Profile picture
Mar 28, 2024 9 tweets 4 min read Read on X
The American nuclear industry illustrates negative learning: the costs of plants have increased over time.

But this is not nuclear's fault. Almost everywhere else, the learning rate is positive: costs decline as the industry gains experience building!

🧵

Consider France:Image
The U.S. has really only been experiencing cost overruns since the Three Mile Island incident, and the reason has to do with the industry becoming overregulated as a result of the public outcry that ensued. Image
In general, nuclear cost overruns are driven by indirect costs, like having to hire more safety professionals due to added regulatory burdens.

Those explain 72% of the price hike in the U.S., 1976-87: Image
In a more recent OECD report on nuclear from 2020, it was noted that "indirect cost[s] are the main driver of these cost overruns" and 80% of those indirect costs are attributable to largely unnecessary labor. Image
The regulatory costs levied against nuclear are so extreme that they can make components cost 50 times what they should, like in the case of 75 mm stainless steel gate valves.

The main factor differentiating nuclear and industrial grade? Unnecessary quality certification. Image
The question is less "Why is nuclear expensive?" and more "Why is nuclear overregulated?"

And the reason isn't clear-cut. It's obvious it's not so simple as saying "ALARA!", since many countries manage positive learning despite sticking to the same philosophy.
It's more likely a combination of factors involving activism

Thanks to activism, the U.S. nuclear fleet won't achieve French emission levels because, under the Carter administration, activists managed to get reprocessing banned, tarring nuclear's reputation via the 'waste' issue
In any case, nuclear remains a viable option for cleanly powering the future, and continued research into it is necessary for taking us into the stars.

Moreover, for consumers, it remains beneficial ($!) so long as intermittent forms of generation are, well, intermittent.
There's more that can be said, but I'll cut it off there

Sources:







To read way more on this, check out this IFP piece:

And a Construction Physics favorite: oecd-nea.org/upload/docs/ap…
sciencedirect.com/science/articl…
sciencedirect.com/science/articl…
ifp.org/nuclear-power-…
construction-physics.com/p/why-are-nucl…

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More from @cremieuxrecueil

Jun 9
Because America has made the wise decision to compensate blood donors, it has ended up supplying some 70% of the world's blood plasma.

This is one of America's top exports, and each year, America saves hundreds of thousands of lives because it does this. Image
Some people argue against plasma donation on the basis of it being disproportionately used by poorer people

They say it's exploitative: they feel that selling something your body makes is wrong if disparate in ways they care about

But it's a lifesaver!

There's also research indicating that plasma donation can be healthy!

(And there's more indicating that, with compensation, it might reduce crime in the local area.)

Read 4 tweets
Jun 7
It's Pride Month, so let's talk about why San Francisco is so incredibly gay.

Military policy.

🧵 Image
In 1982, Randy Shilts published his biography of Harvey Milk, entitled "The Mayor of Castro Street".

For those who don't know, Harvey Milk was the first open homosexual to be voted into public office in the state of California.

He was on the San Francisco Board of Supervisors. Image
The biography contains a fair bit of background, not just about Harvey Milk, but about San Francisco's gay community more generally.

In its early years, San Francisco attracted large waves of mainly male migrants motivated by the promise of gold in California. Image
Read 18 tweets
Jun 1
My Uber driver says

- His license is suspended
- He was once a soldier for a Mafia family
- He's telling me about his time in Rikers
- He's showing me YouTube videos
- He's telling me his theories about Jews
He's telling me about gang wars he was in ad a kid.

He's wondering why all the Chinese girls are lined up - for an audition?

He says to go to Mother's Ruin for latin prostitutes.

All of this entirely unprompted.
"Yeah, these African guys, yeesh"

"I couldn't fuck that whore because I got the erectile dysfunction."

He just keeps going.
Read 6 tweets
May 29
This is just not true and it's sad that people believe it.

It's also indicting, when it's so obviously false if you just look out into the world. What you see should match what the statistics clearly show:

Estimated marriage effects for men and women are almost always similar🧵 Image
In that chart, I used the GSS and found something many people replicate:

1. Cross-sectionally, there's a relationship between being married and life satisfaction. It's similar for men and women.

2. Within persons—causally!—marriage boosts life satisfaction, but more for women.
Leveraging the same within-person design, we can use the Add Health dataset to look at stress and depression.

For both sexes, the effects are indistinguishable.

But they're also mostly not real: it's just that people who get married tend to be less stressed and depressed! Image
Read 10 tweets
May 26
As a recap on my appearance, Eli Lilly is pursuing:

- A one-dose drug for preventing most heart disease
- A vaccine for chlamydia
- A vaccine for gonorrhea
- A vaccine for Epstein-Barr
- A drug that lets you stay awake longer and feel more rested

It's a golden age of pharma! Image
And remember, Eli Lilly's big break historically was the University of Toronto licensing them to produce insulin.

They started off by giving it out for free, saving the world's diabetics at a time when there was no treatment available.

They've always been a force for good. Image
I think

- The heart disease drug will succeed
-- Will it commercialize? It can, easily. But I'm 50/50 due to the competition
- Chlamydia and gonorrhea vax will succeed, but I don't see much commercial potential with Lilly
- EBV vaccine will fail with Lilly, succeed eventually
Read 5 tweets
May 25
Eli Lilly has done it.

They've gone and made what seems to be a powerful, permanent gene therapy for LDL cholesterol.

That means they'll be able to effectively prevent most heart disease with a single infusion! Image
Almost all of the side effects were just things you see with any infusion. Some people react poorly to needles and having to sit for a while🤷‍♀️

And that's what we expect, because the people with good PCSK9 genes naturally are totally fine. This therapy catches the rest of us up!
This is amazing stuff, beating drug administration because it's permanent, and it only gets better from here.

We are going to get so healthy, so fast. Our grandkids are going to hear about heart attacks and have never actually seen one.

Source: nejm.org/doi/full/10.10…
Read 5 tweets

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