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The tax breaks in the Inflation Recovery Act are crucial to making the deal economically feasible, according to Constellation. They provide a credit for every megawatt hour of nuclear energy produced.

lmao so instead of this funding the energy transition it's just subsidizing the AI grift

  • InevitableSwing [none/use name]
    ·
    edit-2
    16 hours ago

    I didn't have the motivation to read the whole thing so I scanned it for funny stuff. But it looked dreary so the only thing I read was the final paragraph. The article ends on a funny note. Tech companies don't even bother to make an effort to lie anymore. Look at this shit.

    Microsoft has signed a contract to purchase fusion energy from a start-up that claims it can deliver it by 2028.

    ---

    Edit

    Related - ["tech bro bullshit" news] Nuclear fusion startup Helion claims it will have a working power plant by 2028. Microsoft is already a customer. More in body. - Hexbear

    • QuillcrestFalconer [he/him]
      ·
      14 hours ago

      That startup (helion or whatever its called) claimed in 2013 they would be producing power by 2018, then in 2018 claimed they would be producing power by 2023, and then in 2023 claimed they would be producing power by 2028. I'm starting to see a pattern

    • UlyssesT [he/him]
      ·
      17 hours ago

      Microsoft has signed a contract to purchase fusion energy from a start-up that claims it can deliver it by 2028.

      football-lucy

      • InevitableSwing [none/use name]
        ·
        16 hours ago

        It might happen by 2128

        Seriously though - I wonder how that firm choose four years. "About a decade" is equally bullshit but to some people it would sound like a moonshot they might get to. But four years sounds like purely made up bullshit to appeal to VC firms.