Wednesday, May 04, 2011

Gates and Buffett Still Support Nuclear Energy

Below are a few snippets of recent comments from two of the world’s biggest investors. Here’s Mr. Gates yesterday:

After the nuclear disaster in Japan at the Fukushima reactors, the general public is understandably skittish about nuclear energy once again. But not Bill Gates. Speaking today at a Wired business conference in New York City, he is talking up the benefits of nuclear energy, particularly next-generation designs.

And here’s Mr. Buffett at his annual meeting last week:

Don’t question Buffett’s commitment to nuclear power. He views it as essential to helping fill the United States’ energy needs.

“I think some people misinterpreted my interview when I said that it had suffered a major setback,” he said. “That does not change my view that nuclear power is important for the world.”

Munger adds that we can’t be so risk-averse about possibilities that are relatively remote that we forego useful solutions. He also says that there are always long-tail risks, like a tsunami hitting Iowa. (That’d be a hell of a storm, he cracks.)


Will Davis said...

I for one am very glad to see these men step forward in support of nuclear energy.

jimwg said...

Didn't Paul Newman, an actor as liberal as you could get, eventually support nuclear in Conn? We need more pop anti-Chicken Littles to remind all that Fukushima didn't spell Doomsday -- unlike most media.