Not Logged In Log In   Sign Up   Points Leaders
Follow Us    1:41 AM

GasBuddy News Article

17
votes
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.



Read the Full Article

Submitted Mar 13, 2010 By: UncleCurt
Category: Daily News Article Discussions > Topics Add to favorite topics   Post new topicPost New Topic
Author Topic: A Global Nuclear Power Play for Your Portfolio Post a Reply Back to Topics
REPLIES (newest first)
Profile Pic
Sneakers55
Champion Author Houston

Posts:31,102
Points:1,256,720
Joined:Nov 2005
Message Posted: Mar 14, 2010 1:51:14 PM

LocalSpyGuy wrote:

>Nuclear energy is much safer than it was 30 years ago.

I was astonished at some of the design "features" they had at TVA's Browns Ferry plant and Three Mile Island. I knew better at the time and I was just out of school.

And I'm still astonished that companies build systems where they don't verify the current state equals the commanded state.
Profile Pic
LanguageMan1
Champion Author Tampa

Posts:5,743
Points:654,945
Joined:Apr 2008
Message Posted: Mar 14, 2010 10:32:17 AM

Yes, this is something we need more of here and now.
Profile Pic
ronsimonil
All-Star Author Illinois

Posts:718
Points:152,495
Joined:Mar 2009
Message Posted: Mar 14, 2010 5:36:50 AM

We need this here and now.
Profile Pic
pnd1
Champion Author Tallahassee

Posts:1,684
Points:335,310
Joined:Jul 2009
Message Posted: Mar 14, 2010 2:50:08 AM

And yet this is completely ignored in the United States.
Profile Pic
Don1222
Champion Author Michigan

Posts:6,004
Points:724,530
Joined:Jul 2008
Message Posted: Mar 14, 2010 2:39:01 AM

Alternative energy.
Profile Pic
nb52
Champion Author Grand Rapids

Posts:2,675
Points:540,415
Joined:Nov 2008
Message Posted: Mar 14, 2010 2:34:33 AM

wave goodbye to your wallet, Americans, we will be left behind in the economic recovery, by these two countries.
Profile Pic
FuelBarge
Champion Author Long Island

Posts:3,949
Points:1,058,565
Joined:Aug 2005
Message Posted: Mar 14, 2010 2:31:30 AM

Good luck in this country. I'll believe it when I see it but until we get the new proposed plant in Georgia off the ground, I will doubt we have the fortitude to build another plant.
Profile Pic
redtruck01
Veteran Author North Carolina

Posts:402
Points:427,730
Joined:Mar 2009
Message Posted: Mar 14, 2010 2:26:30 AM

I did not know about the different fuels. This sounds like a good thing.
Profile Pic
tankneverfull
Champion Author Charlotte

Posts:4,037
Points:789,895
Joined:Apr 2008
Message Posted: Mar 14, 2010 2:24:18 AM

Let's make this happen here.
Profile Pic
TeachR06
Champion Author Raleigh

Posts:3,535
Points:1,009,660
Joined:Sep 2006
Message Posted: Mar 14, 2010 2:22:13 AM

Start learning Chinese.
Profile Pic
LocalSpyGuy
Champion Author Tampa

Posts:2,769
Points:579,175
Joined:Nov 2008
Message Posted: Mar 14, 2010 2:22:07 AM

Nuclear energy is much safer than it was 30 years ago. I believe that it can be a viable alternative energy source.
Profile Pic
katmandue
Champion Author Detroit

Posts:2,956
Points:1,134,045
Joined:Jul 2006
Message Posted: Mar 14, 2010 2:21:48 AM

If it can be done here do it.
Profile Pic
fillerupyeoww
All-Star Author Columbus

Posts:759
Points:635,010
Joined:Mar 2008
Message Posted: Mar 14, 2010 2:17:16 AM

Sounds like a plan.
Profile Pic
turbosaab
Champion Author Cleveland

Posts:8,549
Points:1,396,985
Joined:Sep 2006
Message Posted: Mar 14, 2010 2:16:06 AM

Just build them! The time for talk is over.
Profile Pic
Redink
Champion Author Indianapolis

Posts:2,258
Points:443,990
Joined:Aug 2005
Message Posted: Mar 14, 2010 2:14:10 AM

It almost seems to good to be true, however the up front cost is huge.
Profile Pic
MertieMan
Champion Author Lexington

Posts:9,632
Points:1,879,685
Joined:May 2005
Message Posted: Mar 14, 2010 2:13:32 AM

Leave it to the government to keep it messed up totally.
Profile Pic
cathevan
Champion Author Manitoba

Posts:2,121
Points:517,635
Joined:May 2007
Message Posted: Mar 14, 2010 2:12:06 AM

i don't pretend to know much about nuke energy - just what i've seen on the simpsons so...
Profile Pic
carefrey
All-Star Author Orlando

Posts:837
Points:188,545
Joined:Sep 2009
Message Posted: Mar 14, 2010 2:11:44 AM


More government beauracracy!
Profile Pic
bbreff
Champion Author Atlanta

Posts:4,969
Points:1,598,545
Joined:Jun 2005
Message Posted: Mar 14, 2010 2:10:30 AM



If this is less costly and safe, go fur it.

Profile Pic
racerdj
Champion Author Indianapolis

Posts:4,710
Points:1,040,760
Joined:Jun 2003
Message Posted: Mar 14, 2010 2:09:52 AM

Nuclear is a great solution but not near where I live and work is heard often.
Profile Pic
FuelOilOH
All-Star Author Cleveland

Posts:992
Points:543,510
Joined:Oct 2007
Message Posted: Mar 14, 2010 1:58:56 AM

Thorium has been waiting in the wings for the last 25 years or longer as a power source for reactors. It's cheap, clean, efficient and plentiful. The facilities don't even need a cooling tower if thorium is the source. It's that safe.
Profile Pic
rowing
All-Star Author Macon

Posts:871
Points:243,380
Joined:Sep 2009
Message Posted: Mar 14, 2010 1:35:33 AM

ok
Profile Pic
jppezz
Champion Author New Mexico

Posts:3,433
Points:675,580
Joined:Jun 2008
Message Posted: Mar 14, 2010 1:29:17 AM

Why don't we build plants here sounds like a good idea?
Profile Pic
theawesome1
Champion Author Cleveland

Posts:3,455
Points:769,060
Joined:Aug 2005
Message Posted: Mar 14, 2010 1:27:19 AM

NE Ohio has 2 of them (Toledo & Painesville). No cheap power from them at all.

Bigger joke is Electricity is so expensive that low income folks, who get PIP (Pay Income Percentage) for gas (10% of income for the month). So we pay $72 a month. The State gave us $392 credit to the gas company, so we have $562 credit at winter's end. So next year we will pay much less. AT&T gives us $3 local phone service, no caller ID, no LD or toll. Fine for us since we us 800, 866, 888 numbers. But electrcity has PIP from Nov-May at $44.15 (5% PIP) and then June-Nov you pay you entire electric bill and the past due amkount from the winter bill. SO YOU GET 0% DISCOUNT! So they offer budget billing. Where are Nobama's DEMS to help?



[Edited by: theawesome1 at 3/14/2010 7:30:27 AM EST]
Profile Pic
biza4u
Champion Author New Haven

Posts:3,416
Points:618,880
Joined:Jan 2007
Message Posted: Mar 14, 2010 1:26:39 AM

It may be
Profile Pic
JCUBE
Champion Author Michigan

Posts:3,397
Points:919,375
Joined:Aug 2003
Message Posted: Mar 14, 2010 1:23:34 AM

More spin??? Westinghouse in China.....are you suprised?
Everyone is going to that 18 cent an hour sweatshop.
Profile Pic
madison8359
Champion Author Cleveland

Posts:2,729
Points:586,765
Joined:Apr 2008
Message Posted: Mar 14, 2010 1:23:28 AM

When you mention China and India are building nuclear, "fast and Furious", this has to be a concern. We know neither are concerned with rules or regulations.

Past experience shows the at least China is suspect when it comes to safety both for their workers and the environment.

China has exported numerous consumer goods to the U.S. that have been tainted with deadly chemicals in products used by consumers.

We can not trust China in this area without close scrutiny. We have another Toyota on our hands with global consequences.

Let's hope this does not spread to the U.S. which has kept nuclear closed for health and safety reasons for a long time now.
Profile Pic
ttwiw
Champion Author Austin

Posts:1,904
Points:882,820
Joined:Sep 2005
Message Posted: Mar 14, 2010 1:20:42 AM

Interesting... I never heard of Thorium before
Profile Pic
AvantiMick
Champion Author Indiana

Posts:7,837
Points:1,565,040
Joined:Dec 2005
Message Posted: Mar 14, 2010 1:17:59 AM

SAFE nuclear power plants would be the answer for power in the US. After all, that's what Iran is doing....right?
Profile Pic
applejoe
Champion Author Twin Cities

Posts:2,503
Points:515,385
Joined:May 2001
Message Posted: Mar 14, 2010 1:11:43 AM

...and so just when is the USA going to get on board with this and become the world leader again? Maybe when the politicians quit worrying about re-election and start doing the job they were sent to Washington to do!!!!
Profile Pic
emptytank08
All-Star Author Pennsylvania

Posts:557
Points:574,880
Joined:Aug 2008
Message Posted: Mar 14, 2010 1:02:31 AM

Ok by me
Profile Pic
Ringmaster2008
Champion Author Ontario

Posts:2,747
Points:478,660
Joined:Apr 2008
Message Posted: Mar 14, 2010 1:00:54 AM

Cruisinglinda asks a vaild question
Profile Pic
1fulltank
Champion Author Buffalo

Posts:2,800
Points:540,300
Joined:Nov 2008
Message Posted: Mar 14, 2010 1:00:16 AM

Is building "...fast and furious..." a good idea?
Profile Pic
mandoid
Champion Author Colorado Springs

Posts:2,810
Points:581,100
Joined:May 2008
Message Posted: Mar 14, 2010 12:52:28 AM

the left don't want it.
Profile Pic
paoli8
Champion Author Philadelphia

Posts:2,772
Points:890,135
Joined:Jul 2007
Message Posted: Mar 14, 2010 12:51:54 AM

Don't surprise me
Profile Pic
skippypa
Champion Author Hawaii

Posts:3,319
Points:724,540
Joined:Jun 2008
Message Posted: Mar 14, 2010 12:47:07 AM

So what's the US doing? Sitting on their A******.
Profile Pic
jakTDI
Champion Author Dallas

Posts:3,514
Points:351,330
Joined:Aug 2008
Message Posted: Mar 14, 2010 12:44:45 AM

and pls don't shout at people: that's just rude.
thanks.
Profile Pic
jakTDI
Champion Author Dallas

Posts:3,514
Points:351,330
Joined:Aug 2008
Message Posted: Mar 14, 2010 12:44:06 AM

now is the time for change.
Profile Pic
grouch311
Champion Author Illinois

Posts:3,859
Points:636,605
Joined:Jun 2007
Message Posted: Mar 14, 2010 12:38:28 AM

eben if we used this, the regulations and permits are a major problem
Profile Pic
danny999
Champion Author Florida

Posts:3,502
Points:621,955
Joined:Oct 2008
Message Posted: Mar 14, 2010 12:35:32 AM

WE WOKE A SLEEPING GIANT,AND WE'D NOW BETTER WATCH OUT.THAT COUNTRY HAS MORE MAN/WOMAN POWER THEN IT KNOWS WHAT TO DO WITH.THEY WILL BUILD EVERYTHING FASTER THEN WE DO.
Profile Pic
rickgpr
Sophomore Author Maryland

Posts:161
Points:146,790
Joined:Mar 2008
Message Posted: Mar 14, 2010 12:23:32 AM

If it sounds to good to be true, then it usually is!!
Profile Pic
harleydoctor
Champion Author Kansas

Posts:2,293
Points:925,830
Joined:Sep 2005
Message Posted: Mar 14, 2010 12:12:42 AM

I would like to see all of non-usable nuclear waste dumped on Iran......
Profile Pic
Dipstick1
Champion Author Amarillo

Posts:4,919
Points:1,435,265
Joined:Jan 2006
Message Posted: Mar 14, 2010 12:06:04 AM

Nuclear power is the answer. Even for automobiles.
Profile Pic
Paw5X
Champion Author Gary

Posts:5,565
Points:1,522,610
Joined:May 2005
Message Posted: Mar 14, 2010 12:03:48 AM

So what's the problem here?
Profile Pic
CruisinLinda
Champion Author Tallahassee

Posts:6,267
Points:1,257,920
Joined:Sep 2005
Message Posted: Mar 14, 2010 12:00:13 AM

What radioactive waste product will we have to contain after we burn thorium? Let's work harder to promote renewable, clean--and safe--sources of energy.
Profile Pic
jimshell
Champion Author Pennsylvania

Posts:1,787
Points:443,585
Joined:Sep 2004
Message Posted: Mar 13, 2010 11:58:36 PM

Since it appears to be safer then uranium go for it.
Profile Pic
zornave
Champion Author Louisville

Posts:13,886
Points:2,204,520
Joined:Jul 2001
Message Posted: Mar 13, 2010 11:56:26 PM

...and science marches onward.
Profile Pic
turbodog
Champion Author Mississippi

Posts:1,618
Points:350,595
Joined:Feb 2009
Message Posted: Mar 13, 2010 11:55:46 PM

Thanks for the good article on investing in Nuclear.
Profile Pic
twobroke61
Champion Author Michigan

Posts:3,246
Points:582,485
Joined:Sep 2008
Message Posted: Mar 13, 2010 11:51:45 PM

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.
Profile Pic
DrivingFool2
Champion Author Wisconsin

Posts:3,276
Points:607,985
Joined:Apr 2005
Message Posted: Mar 13, 2010 11:48:42 PM

Let's stop pussy footing around and build nuclear.
Post a reply Back to Topics