Thomas:

2025.The entire point is that by that date we should be finishing the paintjobs on the last bits of our carbonfree generation capacity, not just commencing construction.

So we should be commencing construction of the carbon-free generation capacity now. The political reality is that we have a bunch of morons in charge who think a massive investment in carbon-free generating capacity would be inflationary and we cannot have that because we're not in a debt deflation environment.

In addition, the same people will say that because of the economic crisis we can't afford to internalise the costs of fossil fuels.

Whether that is just successful policy capture by vested interests in the fossil fools industry or just economic obduracy by politicians, I cannot say. At the very least it is likely that the idiots in charge are easy prey for the skilled lobbyists of the incumbent fossil fool industry.

I find it extremely unfortunate that nuclear and wind advocates snipe at each other rather than making a common front against coal and gas, which both say at every turn is the real enemy. That's also a political reality.

Keynesianism is intellectually hard, as evidenced by the inability of many trained economists to get it - Paul Krugman