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
In an interview on "Meet the Press," Sen. Barack Obama (D) was asked by host Tim Russert to discuss his position on Nuclear Energy.
Comments
Wins prize for most nonsensical answer yet.
Actually it's a very good answer for nuclear power, given the constituency that Obama is currently courting. If he is elected, he can "discover" the already-running design licensing process (approving standard designs, rather than designing each plant). He can "discover" that nuclear power has a safety record second to none. And he can "discover" that Yucca Mountain is a reasonable solution to waster, especially if it has its license at that point. All of which could allow him to push forward with nuclear power expansion.
Yes, nuclear in the US has had a nasty cost control problem from the 70s to the 90s and the long term destiny of spent fuel is the other big issue, still wide open and in need for some serious decision making.
That Obama can correctly identify those issues and doesn't descent in incoherents about radioactive leaks means we're in a much better shape than with any past presidential candidate in the last 25 years, Republican or Democrat. Admittedly, the bar is pretty darn low...
The fact that Excelon Corp. is one of his biggest corporate donors may have something to do with it :>
I think this is the wrong place for a general political discussion.
I liked McCain, that guy whose conscious opposed Bush's tax cut, who argued against torture as a wrong policy on ethical and factual grounds - torture produces bad intelligence. I don't want to see 3rd Bush term.
Recent nuclear revival is caused by real needs for more power in the times when fossil fuel prices soar. No administration can stop that. I am certainly suspicious of Clinton's intentions, but even she'll have to realize that even with grand solar plan we'd need more nuclear. Much more indeed.
Therefore I think the best candidate is Obama, he is of the least antinuclear among democrats, and I agree with Joffan that 'change is going to come' ;-)
-t- (not the other anonymouses)
Let's stick to nuclear power or this board will become a mess...
"The thing about being in the middle of the road is that you wind up getting hit from both sides."