You know, it’s kind of sad that no one is willing to invest in nuclear energy anymore. Wait, what? NuScale Power celebrated the news of its company-saving $30 million investment from Fluor Corp. Thursday morning with a press conference in Washington, D.C. Fluor is a design, engineering and construction company involved with some 20 plants in the 70s and 80s, but it has not held interest in a nuclear energy company until now. Fluor, which has deep roots in the nuclear industry, is betting big on small-scale nuclear energy with its NuScale investment. "It's become a serious contender in the last decade or so," John Hopkins, [Fluor’s group president in charge of new ventures], said. And that brings us to NuScale, which had run into some dark days – maybe not as dark as, say, Solyndra, but dire enough : Earlier this year, the Securities Exchange Commission filed an action against NuScale's lead investor, The Michael Kenwood Group. The firm "misap
Comments
We are being scared into supporting nuclear power on a campaign of fear supported by current issues such as global warming and drought. i'm not saying that these issues are not bonafide, simply that they are being exploited by big business to support nuclear power. similar to the war on terror starting with a fear campaign by bush to garner support from the americans and the rest of the world. so too, nuclear power is gaining acceptance in much the same fashion.
soon we will realise that it is a hoax and that there are other, better ways forward on this issue.