The Chinese government and Chinese state‐owned companies are indigenizing nuclear power technologies, establishing nuclear manufacturing capacity, and gradually scaling up nuclear power deployment.
China is likely on a path to the biggest nuclear buildup in human history.
The hailed nuclear renaissance in the United States has been largely stagnant.
The underlying causes of U.S. Nuclear stagnation is rooted in the democratic political system and fragmented utility industry, and the laissez‐faire ideology, which are unlikely to change in the foreseeable future.
China can move toward a low‐carbon electricity system without a carbon price. The United States needs a carbon price to implement a climate policy.
