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 yet another sign that Lieberman-Warner is DOA, Sen. John McCain (R-AZ) has announced that he will not be present when the Senate begins debate on the Lieberman Warner Climate Security Act next week. From The Washington Post,
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As he explains, this is just government energy rationing, much like the California remote controlled thermostats.
I live in a city that has socialist aspects, and in a part of the world with one of the highest rainfalls in the western world. Yet the government rations water.
--aa2