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A bombshell report has found that Germany could have been more effective at reducing its carbon footprint while saving hundreds of billions of euros if it had invested in nuclear power rather than green energy projects.
Emblemsvåg, based on calculations on outcomes of other nuclear powers, found that not only would have “decarbonized more if it had invested in nuclear power plants” it also would have done so “with significantly less nominal expenditure”. However, if Germany had decided to stick with nuclear power during the same time, the country would have saved 600 billion euros while producing more emissions-free power than all “green” sources combined. Additionally, if Germany had invested further in nuclear power in 2002, it could have seen emissions fall by around 73 per cent while still saving 300 billion euros compared to the green agenda.
“By and large, overall, the alternative policy of maintaining the existing nuclear power plants in 2002 and building new ones would have halved expenditure and Germany would have achieved its climate goals… Nuclear power plants would have caused much lower costs.”
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