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To: DUMBGRUNT

The central planning CCP model is both an advantage and a disadvantage for China relative to the West. The advantage over democratic societies is that once the central committee makes a decision to go forward there is no drawn out period of environmental impact studies, public hearings, and lawsuits. These make nuclear power too expensive and risky to allow its use anymore in the West. The disadvantage of the central planning model is that often technical decisions are made for political reasons such as with Chernobyl in Ukraine that cut corners on safety to control cost.

If China can achieve energy indepence from oil and coal using nuclear they will leapfrog the West in terms of carbon reduction, standard of living, and cost of production very quickly.


6 posted on 11/01/2021 1:48:04 PM PDT by Dave Wright
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To: Dave Wright

As a wise fellow said 10 yrs ago on CNBC

China has central planning by scientists, engineers, and mathematicians, and the US has central planning by lawyers.
Neither is preferable, but by definition they win.


7 posted on 11/01/2021 1:50:09 PM PDT by nascarnation (Let's Go Brandon!)
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