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A Global Nuclear Power Play for Your Portfolio

SeekingAlpha.com -- Carl T. Delfeld

Excerpts

Developing countries, particularly China and India, are building fast and furiously.

"Environmental concerns are always an issue, but spent uranium fuel can be recycled safely, as is now done in France. Plans to use thorium as a fuel ...lessen the need for recycling since it burns much more efficiently than uranium.

One other benefit is that the by-product of thorium-fueled reaction is contaminated plutonium, which is unsuitable for use in making nuclear weapons.

"Thorium is also plentiful: the U.S. and Canada each have more than 100,000 tons of reserves...transition to thorium would also be relatively easy since it can be used in existing reactors..."

America is a significant player and Westinghouse Electric is building four nuclear reactors in China.

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Submitted Mar 13, 2010 By: UncleCurt

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twobroke61 Champion Author Michigan Posts:3,458 Points:624,035 Joined:Sep 2008	Message Posted: Mar 13, 2010 11:51:45 PM Ignore twobroke61 Report Abuse go nuclear but sounds like China and India are way ahead of us again no wonder we do not have any jobs here in the U.S.
DrivingFool2 Champion Author Wisconsin Posts:3,492 Points:650,490 Joined:Apr 2005	Message Posted: Mar 13, 2010 11:48:42 PM Ignore DrivingFool2 Report Abuse Let's stop pussy footing around and build nuclear.
Hunter724 Champion Author New Hampshire Posts:3,220 Points:672,170 Joined:Sep 2008	Message Posted: Mar 13, 2010 11:46:13 PM Ignore Hunter724 Report Abuse Sounds like a winner!!
pgerassi Champion Author Milwaukee Posts:5,969 Points:1,171,220 Joined:Apr 2007	Message Posted: Mar 13, 2010 11:43:48 PM Ignore pgerassi Report Abuse Short term, nuclear is the only way to grossly cut CO2 emissions.
fratt Champion Author Grand Rapids Posts:4,954 Points:1,672,180 Joined:Jul 2005	Message Posted: Mar 13, 2010 11:24:54 PM Ignore fratt Report Abuse Nuclear is the only way to go.
HawaiianGuy Champion Author Idaho Posts:4,611 Points:2,114,395 Joined:May 2003	Message Posted: Mar 13, 2010 11:21:33 PM Ignore HawaiianGuy Report Abuse BillA, comparing Chernobyl and Three Mile Island is like comparing apples and oranges. Chernobyl was operated by the Soviets. 'Nuff said. I'd also like to know where you got your figures for the "death count" at Three Mile Island. Do some research next time before you go shooting your mouth off. It'll give you some credibility.
bobdec Champion Author Florida Posts:4,289 Points:840,600 Joined:May 2008	Message Posted: Mar 13, 2010 11:16:26 PM Ignore bobdec Report Abuse DOes not change the fact that nuclear is not the best option
Amplion Champion Author Oregon Posts:1,543 Points:893,945 Joined:Sep 2005	Message Posted: Mar 13, 2010 11:15:56 PM Ignore Amplion Report Abuse YES, Go Nuclear Much better than those UGLY 3-blade wind turbine farms.
72_Monte Champion Author Twin Cities Posts:2,835 Points:1,026,705 Joined:Aug 2005	Message Posted: Mar 13, 2010 11:06:06 PM Ignore 72_Monte Report Abuse Nuke 'em, Dan-o.
BillA Champion Author Portland Posts:11,157 Points:1,534,600 Joined:Aug 2005	Message Posted: Mar 13, 2010 10:52:59 PM Ignore BillA Report Abuse "More nuclear waste when they haven't been disposing of what we have already adequately." TRUE INDEED, TIGERPAW46!!! Lets not forget those who died from "Three Mile Island" and The Chernobyl disaster in the 1980s.... oh I'm sorry, we were supposed to forget that part of Three Mile Island is still highly radiative.
jimraehl Champion Author Utah Posts:2,192 Points:671,590 Joined:Sep 2008	Message Posted: Mar 13, 2010 10:51:17 PM Ignore jimraehl Report Abuse Sounds like thorium is worth considering.
neemund Champion Author Seattle Posts:1,466 Points:579,395 Joined:Jan 2007	Message Posted: Mar 13, 2010 10:35:30 PM Ignore neemund Report Abuse We need to catch up with the developing world. Reprocessing waste into more usable fuel would be one option. The leftovers could be recycled further to power pebble-bed reactors for more years to come. And the leftovers from that could be buried somewhere like Yucca mountain. I read an article a while ago saying that over the person's entire lifetime in France, their entire electricity uses would produce about a teacup's volume of nuclear waste, which France simply buries.
gass12 Champion Author Omaha Posts:3,631 Points:1,343,515 Joined:Oct 2005	Message Posted: Mar 13, 2010 10:34:34 PM Ignore gass12 Report Abuse Tons in reserve yhis is news to me.
cheapertvs Champion Author Richmond Posts:5,200 Points:1,768,220 Joined:Jan 2004	Message Posted: Mar 13, 2010 10:29:04 PM Ignore cheapertvs Report Abuse Reprocessing is still the answer. France and Russia have been performing this task successfully for many years. The USA is being left in the dust in this nuclear boom going on throughout the World.
TIGERPAW46 Champion Author Florida Posts:2,788 Points:526,290 Joined:Mar 2004	Message Posted: Mar 13, 2010 10:02:56 PM Ignore TIGERPAW46 Report Abuse More nuclear waste when they haven't been disposing of what we have already adequately. [Edited by: TIGERPAW46 at 3/14/2010 4:03:41 AM EST]
EXTREMESNOW Champion Author Medford Posts:4,532 Points:953,735 Joined:Jul 2006	Message Posted: Mar 13, 2010 9:58:29 PM Ignore EXTREMESNOW Report Abuse Nuclear is the way to go.
nedthenanite Champion Author Mississippi Posts:4,065 Points:785,285 Joined:May 2008	Message Posted: Mar 13, 2010 9:55:03 PM Ignore nedthenanite Report Abuse Sounds like a good long term solution if one is willing to take on the risk. No matter how backwards or anti-nuclear the US remains, SOMEONE somewhere will innovate and move forward, and there will be money to be made in whatever third world land that is.
Lizzylou Champion Author Stockton Posts:4,540 Points:1,505,675 Joined:Oct 2005	Message Posted: Mar 13, 2010 9:54:49 PM Ignore Lizzylou Report Abuse WOW "tons of reserves"!! I would have never guessed!!
BM4225 Champion Author Atlanta Posts:5,484 Points:1,179,120 Joined:Aug 2006	Message Posted: Mar 13, 2010 9:51:31 PM Ignore BM4225 Report Abuse Since Thorium cannot be used for weapons, perhaps we can convince Iran to use it instead or uranium, then we can sleep better at night. I still wish we had gone forward with the neutron bomb.
BillA Champion Author Portland Posts:11,157 Points:1,534,600 Joined:Aug 2005	Message Posted: Mar 13, 2010 9:49:34 PM Ignore BillA Report Abuse So.... The Chernobyl disaster is completely forgotten? These things are also magnets for terrorists....
BobD2009 Champion Author Long Island Posts:1,927 Points:267,585 Joined:Apr 2009	Message Posted: Mar 13, 2010 9:42:56 PM Ignore BobD2009 Report Abuse France's electric is produced mostly by nuclear power. Slightly over 80%, we need to catch up.
speedys Champion Author Utah Posts:2,106 Points:1,585,045 Joined:Nov 2005	Message Posted: Mar 13, 2010 9:40:32 PM Ignore speedys Report Abuse If China and India need our Thorium lets make sure they pay plenty for it.
ashishpa All-Star Author St. Louis Posts:744 Points:168,775 Joined:Feb 2010	Message Posted: Mar 13, 2010 9:38:08 PM Ignore ashishpa Report Abuse US needs to do much advancements in nuclear power technology yet. France is way ahead.
RENEGADEGAS Champion Author Missouri Posts:7,683 Points:620,155 Joined:Jul 2008	Message Posted: Mar 13, 2010 9:32:27 PM Ignore RENEGADEGAS Report Abuse findcheap...I think you hit the nail on the head.
findcheap Champion Author Los Angeles Posts:4,673 Points:1,035,640 Joined:Apr 2007	Message Posted: Mar 13, 2010 9:30:13 PM Ignore findcheap Report Abuse several decades before each is built & becomes profitable. totally unrealistic except to provide political points
eddmac Champion Author Washington Posts:4,535 Points:999,080 Joined:May 2006	Message Posted: Mar 13, 2010 9:29:10 PM Ignore eddmac Report Abuse nuclear will be part of the future like it or not
TPlayer All-Star Author Fort Wayne Posts:576 Points:140,010 Joined:Jan 2010	Message Posted: Mar 13, 2010 9:29:02 PM Ignore TPlayer Report Abuse Nuclear power and solar power is the future...
EcoVore Champion Author Los Angeles Posts:2,124 Points:331,895 Joined:Jun 2008	Message Posted: Mar 13, 2010 9:25:44 PM Ignore EcoVore Report Abuse Obama's support of nuclear energy in Georgia is good start. Now if only Obama can persuade his fellow democrat Harry Reid to open Yucca Mountain & make use of the billions that money pit already swallowed.
GMVAN Champion Author Calgary Posts:1,835 Points:430,005 Joined:Apr 2009	Message Posted: Mar 13, 2010 9:24:32 PM Ignore GMVAN Report Abuse If thorium is safer I would say use it.
Retowered Champion Author Colorado Posts:4,143 Points:1,725,695 Joined:May 2004	Message Posted: Mar 13, 2010 9:19:31 PM Ignore Retowered Report Abuse We shall see what the future holds.
14of45SSR Champion Author Saskatchewan Posts:2,122 Points:476,230 Joined:Dec 2008	Message Posted: Mar 13, 2010 9:08:23 PM Ignore 14of45SSR Report Abuse So why doesn't US & Canada burn this Thorium that is so plentiful in their reserves to use for heat or electricity?
ItsMorph Champion Author Grand Rapids Posts:26,712 Points:2,212,935 Joined:Mar 2004	Message Posted: Mar 13, 2010 9:08:00 PM Ignore ItsMorph Report Abuse Why they don't build plants like the ones they use in nuclear subs is beyond me.
Gary65 Champion Author Toronto Posts:1,498 Points:468,370 Joined:Jan 2009	Message Posted: Mar 13, 2010 9:04:57 PM Ignore Gary65 Report Abuse What portfolio, don't have one, went down the toilet.
RichardoB Champion Author Fayetteville Posts:2,983 Points:1,069,135 Joined:Jun 2007	Message Posted: Mar 13, 2010 8:00:05 PM Ignore RichardoB Report Abuse We are way behind France and other countries in nuclear power.
RENEGADEGAS Champion Author Missouri Posts:7,683 Points:620,155 Joined:Jul 2008	Message Posted: Mar 13, 2010 7:59:45 PM Ignore RENEGADEGAS Report Abuse srchr...I hear about this too. I knew it was coming. He is the biggest liar I have ever seen and does so with seemingly great pride. I cant wait for 2012.
pbc2001 Champion Author Dallas Posts:2,311 Points:416,430 Joined:Feb 2009	Message Posted: Mar 13, 2010 7:57:25 PM Ignore pbc2001 Report Abuse We shall see what the future holds.
zdn Champion Author New Jersey Posts:1,216 Points:318,895 Joined:Sep 2009	Message Posted: Mar 13, 2010 7:54:35 PM Ignore zdn Report Abuse what
10k Champion Author North Carolina Posts:12,968 Points:1,281,225 Joined:May 2006	Message Posted: Mar 13, 2010 7:45:43 PM Ignore 10k Report Abuse nobama knows he is gone in november 2012, so i ain't surprised at any of his "change you can believe in".. i hope france can recycle spent uranium fuel better than it can fight a war, cuz their record ain't real good there.. [Edited by: 10k at 3/14/2010 1:51:04 AM EST]
srchr Champion Author San Jose Posts:2,503 Points:695,545 Joined:Apr 2008	Message Posted: Mar 13, 2010 7:37:12 PM Ignore srchr Report Abuse we need nukes more than ever. late friday the obama admin issued an executive order banning offshore drilling until 2012 that was scheduled to begin this july
nehemiah Champion Author Portland Posts:1,027 Points:136,495 Joined:Jul 2007	Message Posted: Mar 13, 2010 7:35:31 PM Ignore nehemiah Report Abuse we need to explore and invest in alternatives energy research!
benjy Champion Author Chicago Posts:4,843 Points:896,050 Joined:Nov 2003	Message Posted: Mar 13, 2010 7:33:37 PM Ignore benjy Report Abuse Well Gee, then why the heck are we still burying our wastes???
nstrdnvstr Champion Author Twin Cities Posts:29,534 Points:3,018,660 Joined:May 2001	Message Posted: Mar 13, 2010 7:29:42 PM Ignore nstrdnvstr Report Abuse So which company mines thorium?
jadeusa Champion Author Dallas Posts:4,291 Points:876,385 Joined:Sep 2005	Message Posted: Mar 13, 2010 7:28:16 PM Ignore jadeusa Report Abuse Nuclear is the best alternative source of energy to use at this point.
comprof Champion Author Houston Posts:1,794 Points:392,275 Joined:Jul 2009	Message Posted: Mar 13, 2010 7:27:47 PM Ignore comprof Report Abuse We should have enough atomic reactors to supply all of our energy needs. It is the cheapest next to hydro and is actually the safest.
joel27nc Champion Author Raleigh Posts:5,544 Points:890,720 Joined:Mar 2008	Message Posted: Mar 13, 2010 7:24:14 PM Ignore joel27nc Report Abuse Let's make use of the resource.
runway12 Champion Author Tacoma Posts:1,129 Points:263,515 Joined:Aug 2008	Message Posted: Mar 13, 2010 7:22:08 PM Ignore runway12 Report Abuse I am still waiting on catching the three eyed fish
unicornpmb Champion Author Buffalo Posts:3,542 Points:654,125 Joined:Sep 2005	Message Posted: Mar 13, 2010 7:15:30 PM Ignore unicornpmb Report Abuse Work with what your good at.
Saturn93 Champion Author Salt Lake City Posts:4,245 Points:1,015,740 Joined:Oct 2006	Message Posted: Mar 13, 2010 7:13:11 PM Ignore Saturn93 Report Abuse Recycling spent nuclear fuel was made illegal in this country by Pres. Jimmy Carter. We would have much less high level nuclear waste if we were allowed to reprocess it.
REVLAW Champion Author San Antonio Posts:5,434 Points:1,035,040 Joined:Jul 2007	Message Posted: Mar 13, 2010 7:12:41 PM Ignore REVLAW Report Abuse We need a few more at "home".
Italianman All-Star Author Twin Cities Posts:961 Points:322,900 Joined:Feb 2008	Message Posted: Mar 13, 2010 7:09:25 PM Ignore Italianman Report Abuse If you can do it without Homer Simpson running the power plant, then go for it. Unfortunately, there are a lot of Homers around.
250FORD Champion Author Minnesota Posts:7,691 Points:1,238,160 Joined:Feb 2007	Message Posted: Mar 13, 2010 7:08:29 PM Ignore 250FORD Report Abuse That sounds darn good.
vulcan96 Champion Author Ohio Posts:17,950 Points:2,132,045 Joined:Aug 2004	Message Posted: Mar 13, 2010 7:04:48 PM Ignore vulcan96 Report Abuse go for it now !