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Where “doing everything” involves making investments that are slower or less cost effective, which divert resources away from preferable options, or which in some other way impede them, the result would be potentially disastrous for carbon emissions mitigation.
Amidst many uncertainties, the real questions we should be addressing are about which investments offer the most cost-effective and beneficial ways forward.
Our new paper, Differences in carbon emissions reduction between countries pursuing renewable electricity versus nuclear power, seeks to contribute towards this debate.
https://www.nature.com/articles/s41560-020-00696-3 //
Our research explores this dilemma retrospectively, examining past patterns in the attachments (i.e. investments) of different countries to nuclear or renewable strategies. Our paper addresses three hypotheses:
A “nuclear climate mitigation” hypothesis: that countries with a greater attachment to nuclear power will tend to have lower overall carbon emissions.
A “renewables climate mitigation” hypothesis: that countries with a greater attachment to renewables will tend to have lower overall carbon emissions.
A “crowding out” hypothesis: that countries with a greater attachment to nuclear will tend to have a lesser attachment to renewables, and vice versa.
Across the study countries as a whole we found that the “nuclear climate mitigation” hypothesis is not sustained by the evidence at an appropriate level of statistical significance. The renewable climate mitigation hypothesis is confirmed with substantial significance. And the crowding out hypothesis is also significantly sustained.
Put plainly – if countries want to lower emissions as substantially, rapidly and cost-effectively as possible, they should prioritise support for renewables rather than nuclear power. Pursuit of nuclear strategies risks taking up resources that could be used more effectively and suppressing the uptake of renewable energy.