Silicon Valley Venture Capitalist Backs New Nuclear

From CNet:

Peter Wagner, a general partner at venture firm Accel, predicts there will be nuclear powered cars on the streets of San Francisco in a decade.

You've just got to think of it more as indirect nuclear power. Cars won't have reactors, he explained during a panel discussion at the Venture Capital Investing Conference taking place in San Francisco. Instead, nuclear power will become a more acceptable form of energy to the American public as gas prices continue to climb and global warming worsens.

Nuclear power will provide electricity to the grid, and individuals will charge electric cars by plugging them into the wall, in a scenario laid out by Wagner. Some drivers will also possibly be able to charge their cars through solar panels mounted on garage roofs.

"The only thing that can move the needle (in fossil fuel consumption) in scale and cost is nuclear," he said. "A nuclear renaissance makes very compelling logic."

Technorati tags: Nuclear Energy, Nuclear Power, Energy, Technology, Environment, Electricity

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