There is this widely held belief that providing X Gigawatts of power is cheaper when it is done via coal and nuclear power than when it is done with solar and wind power.
This is because we only calculate a portion of the cost involved in nuclear and fossil fuel power. Even worse is true for the fuels industry.
The logic of saying that nuclear and fossil fuel power is cheaper than solar and wind power is like saying it’s cheaper for you to dump your trash in someone else’s yard than to pay to have it hauled from the bin on your driveway. You just moved your costs onto someone else. The costs, however, are still there.
The monthly bill you pay for electricity does not include the externalities involved with these industries, four examples of which I will point out:
- There is a nuclear meltdown, which is, thankfully, rare, but also horribly expensive when it happens;
- The cost of dealing with the pollution from coal-powered plants;
- The costs of dealing with air pollution/smog, oil spills, global warming, ocean acidification, and other known perils that come with petroleum;
- The pollution of water supplies by the natural gas industry, particularly when they start fracking.
Obviously it is difficult to hold a company eternally liable for the damage it causes, but this does not nullify the fact that the damage is continuing to be done.
For instance, a nuclear accident with lingering health issues, water, soil and food contamination, may present problems that persist for many years after and many millions or billions of dollars beyond the point where the culpable nuclear reactor company has supposedly paid its reparations. We will all pay the price for these issues, be it radioactive cars arriving in Chile or the 985,000 premature deaths that resulted from Chernobyl, including 60,000 deaths by cancer.
Coal power plants will never be held liable for the full magnitude of damage done when “clean coal” sludge spills wipe out 400 acres of land - but that does not nullify the costs that are incurred by the affected citizens, the nearby businesses and environment itself. Coal power plants will not be held liable for the acid rain or mercury poisoning of streams and fish around the world. That cost is taken up by you and me.
British Petroleum is fighting to avoid paying for the full extent of the damage its recent massive oil spill wrought upon the Gulf Coast. But just because there are limitations to their liability and they may win even more in court, does not nullify the billions of dollars in damage they have caused in the form of lost lives, injuries, health problems, ecological damage, dead fish and birds, ruined businesses and other problems that are a direct consequence of their negligence at the Deepwater Horizon well. These costs are real, and society pays them in exchange for oil-based energy. BP will never pay its fair share of the cost of smog, carbon monoxide and carbon dioxide pollution, global warming and ocean acidification that is caused by the burning of their oil/gasoline. You and I pay that price instead. It is a hidden price that doesn’t show up on the books, but it is a very real price and it only fails to show up because of society’s negligence. Think I’m wrong? Come back and tell me that the next time there’s a Spare the Air day. They usually happen during the summer.
Clean, cheap natural gas? Not hardly, on either count. Hydraulic fracturing, or fracking, entails the use of chemicals that poison water supplies. Plus the leaking of natural gas into the water supply can have some interesting consequences. Who pays for that? Not the natural gas company. You pay for that. Especially if it puts you in the hospital.
The point is, there are a multitude of hidden costs involved in nuclear and fossil fuel-based energy production, that you are forced to pay but not in an obvious way, since it doesn’t appear on your monthly bill.
Anyone who says that fossil fuel or nuclear power is cheaper than solar energy, and who actually cites figures, has automatically failed to factor in the cost you pay when oil causes smog and ruins the oceans and gives your kid asthma and lifelong health problems, when nuclear accidents irradiate your water and soil and cause cancer, when fracking makes your water catch on fire, or when coal power makes fish too poisonous to eat and ruins water supplies. These hidden dangers, these costs that are not enumerated and calculated into the price of fossil and nuclear energy, are the REAL costs you pay for that energy.
The REAL cost of solar and wind power, on the other hand, are mostly paid up front. The pollution generated by these power sources ranks somewhere between very little and none, with 99% of all lifetime pollution happening at production time.
So the debate is… why are nuclear and fossil fuel proponents being so dishonest about the REAL cost of the electricity these options generate?