Tuesday, July 01, 2008

Utility Chief Executive Officer speaks in favor of nuclear growth

Thomas F. Farrell II, CEO of Dominion, appeared on CNBC plugging nuclear energy specifically, as part of the mix to alleviate our energy woes.

Here is the video!

Here is a text story based on the video, from the Richmond Times-Dispatch,
"Dominion CEO tells of North Anna plans."

And these are some highlights - can anyone recall comparable comments from a utility executive, ever?

"Right now, more than 50 percent of the nation's electricity comes from coal. That's problematic as we all know," Farrell said, alluding to the effect burning coal has on greenhouse-gas emissions. "The country is going to have to move in the direction of nuclear power."

"There are 104 plants right now. We probably should have, as a nation, 200 or 250 plants. Now that's a long-term prospect."

Thanks to Michael Stuart for the tip.

1 comment:

Anonymous said...

Excellent interview. We need more folks like this giving assessments of nuclear on these shows.

I also catch Bob Brinker's MoneyTalk show on the weekends and he spends a significant amount of time talking about nuclear energy.