A Global Nuclear Power Play for Your Portfolio
SeekingAlpha.com
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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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