GasBuddy News Article

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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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Sneakers55 Champion Author Houston Posts:32,148 Points:1,299,245 Joined:Nov 2005	Message Posted: Mar 14, 2010 7:51:14 PM Ignore Sneakers55 Report Abuse 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.
LanguageMan1 Champion Author Tampa Posts:5,980 Points:693,370 Joined:Apr 2008	Message Posted: Mar 14, 2010 4:32:17 PM Ignore LanguageMan1 Report Abuse Yes, this is something we need more of here and now.
ronsimonil All-Star Author Illinois Posts:718 Points:152,595 Joined:Mar 2009	Message Posted: Mar 14, 2010 11:36:50 AM Ignore ronsimonil Report Abuse We need this here and now.
pnd1 Champion Author Tallahassee Posts:1,885 Points:374,980 Joined:Jul 2009	Message Posted: Mar 14, 2010 8:50:08 AM Ignore pnd1 Report Abuse And yet this is completely ignored in the United States.
Don1222 Champion Author Michigan Posts:6,228 Points:766,080 Joined:Jul 2008	Message Posted: Mar 14, 2010 8:39:01 AM Ignore Don1222 Report Abuse Alternative energy.
nb52 Champion Author Grand Rapids Posts:2,887 Points:581,965 Joined:Nov 2008	Message Posted: Mar 14, 2010 8:34:33 AM Ignore nb52 Report Abuse wave goodbye to your wallet, Americans, we will be left behind in the economic recovery, by these two countries.
FuelBarge Champion Author Long Island Posts:4,169 Points:1,100,215 Joined:Aug 2005	Message Posted: Mar 14, 2010 8:31:30 AM Ignore FuelBarge Report Abuse 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.
redtruck01 Veteran Author North Carolina Posts:451 Points:465,185 Joined:Mar 2009	Message Posted: Mar 14, 2010 8:26:30 AM Ignore redtruck01 Report Abuse I did not know about the different fuels. This sounds like a good thing.
tankneverfull Champion Author Charlotte Posts:4,247 Points:831,445 Joined:Apr 2008	Message Posted: Mar 14, 2010 8:24:18 AM Ignore tankneverfull Report Abuse Let's make this happen here.
TeachR06 Champion Author Raleigh Posts:3,535 Points:1,012,760 Joined:Sep 2006	Message Posted: Mar 14, 2010 8:22:13 AM Ignore TeachR06 Report Abuse Start learning Chinese.
LocalSpyGuy Champion Author Tampa Posts:2,950 Points:616,295 Joined:Nov 2008	Message Posted: Mar 14, 2010 8:22:07 AM Ignore LocalSpyGuy Report Abuse Nuclear energy is much safer than it was 30 years ago. I believe that it can be a viable alternative energy source.
katmandue Champion Author Detroit Posts:3,165 Points:1,174,680 Joined:Jul 2006	Message Posted: Mar 14, 2010 8:21:48 AM Ignore katmandue Report Abuse If it can be done here do it.
fillerupyeoww All-Star Author Columbus Posts:966 Points:676,480 Joined:Mar 2008	Message Posted: Mar 14, 2010 8:17:16 AM Ignore fillerupyeoww Report Abuse Sounds like a plan.
turbosaab Champion Author Cleveland Posts:9,139 Points:1,438,665 Joined:Sep 2006	Message Posted: Mar 14, 2010 8:16:06 AM Ignore turbosaab Report Abuse Just build them! The time for talk is over.
Redink Champion Author Indianapolis Posts:2,448 Points:468,170 Joined:Aug 2005	Message Posted: Mar 14, 2010 8:14:10 AM Ignore Redink Report Abuse It almost seems to good to be true, however the up front cost is huge.
MertieMan Champion Author Lexington Posts:9,842 Points:1,921,235 Joined:May 2005	Message Posted: Mar 14, 2010 8:13:32 AM Ignore MertieMan Report Abuse Leave it to the government to keep it messed up totally.
cathevan Champion Author Manitoba Posts:2,133 Points:524,025 Joined:May 2007	Message Posted: Mar 14, 2010 8:12:06 AM Ignore cathevan Report Abuse i don't pretend to know much about nuke energy - just what i've seen on the simpsons so...
carefrey All-Star Author Orlando Posts:985 Points:221,980 Joined:Sep 2009	Message Posted: Mar 14, 2010 8:11:44 AM Ignore carefrey Report Abuse More government beauracracy!
bbreff Champion Author Atlanta Posts:5,184 Points:1,641,070 Joined:Jun 2005	Message Posted: Mar 14, 2010 8:10:30 AM Ignore bbreff Report Abuse If this is less costly and safe, go fur it.
racerdj Champion Author Indianapolis Posts:4,925 Points:1,082,985 Joined:Jun 2003	Message Posted: Mar 14, 2010 8:09:52 AM Ignore racerdj Report Abuse Nuclear is a great solution but not near where I live and work is heard often.
FuelOilOH Champion Author Cleveland Posts:1,120 Points:575,570 Joined:Oct 2007	Message Posted: Mar 14, 2010 7:58:56 AM Ignore FuelOilOH Report Abuse 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.
rowing All-Star Author Macon Posts:880 Points:261,610 Joined:Sep 2009	Message Posted: Mar 14, 2010 7:35:33 AM Ignore rowing Report Abuse ok
jppezz Champion Author New Mexico Posts:3,649 Points:717,130 Joined:Jun 2008	Message Posted: Mar 14, 2010 7:29:17 AM Ignore jppezz Report Abuse Why don't we build plants here sounds like a good idea?
theawesome1 Champion Author Cleveland Posts:3,661 Points:810,140 Joined:Aug 2005	Message Posted: Mar 14, 2010 7:27:19 AM Ignore theawesome1 Report Abuse 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]
biza4u Champion Author New Haven Posts:3,626 Points:660,430 Joined:Jan 2007	Message Posted: Mar 14, 2010 7:26:39 AM Ignore biza4u Report Abuse It may be
JCUBE Champion Author Michigan Posts:3,566 Points:951,075 Joined:Aug 2003	Message Posted: Mar 14, 2010 7:23:34 AM Ignore JCUBE Report Abuse More spin??? Westinghouse in China.....are you suprised? Everyone is going to that 18 cent an hour sweatshop.
madison8359 Champion Author Cleveland Posts:2,895 Points:625,310 Joined:Apr 2008	Message Posted: Mar 14, 2010 7:23:28 AM Ignore madison8359 Report Abuse 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.
ttwiw Champion Author Austin Posts:1,999 Points:919,195 Joined:Sep 2005	Message Posted: Mar 14, 2010 7:20:42 AM Ignore ttwiw Report Abuse Interesting... I never heard of Thorium before
AvantiMick Champion Author Indiana Posts:8,031 Points:1,604,395 Joined:Dec 2005	Message Posted: Mar 14, 2010 7:17:59 AM Ignore AvantiMick Report Abuse SAFE nuclear power plants would be the answer for power in the US. After all, that's what Iran is doing....right?
applejoe Champion Author Twin Cities Posts:2,687 Points:556,295 Joined:May 2001	Message Posted: Mar 14, 2010 7:11:43 AM Ignore applejoe Report Abuse ...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!!!!
emptytank08 All-Star Author Pennsylvania Posts:568 Points:611,575 Joined:Aug 2008	Message Posted: Mar 14, 2010 7:02:31 AM Ignore emptytank08 Report Abuse Ok by me
Ringmaster2008 Champion Author Ontario Posts:2,952 Points:503,635 Joined:Apr 2008	Message Posted: Mar 14, 2010 7:00:54 AM Ignore Ringmaster2008 Report Abuse Cruisinglinda asks a vaild question
1fulltank Champion Author Buffalo Posts:3,010 Points:581,850 Joined:Nov 2008	Message Posted: Mar 14, 2010 7:00:16 AM Ignore 1fulltank Report Abuse Is building "...fast and furious..." a good idea?
mandoid Champion Author Colorado Springs Posts:2,894 Points:616,730 Joined:May 2008	Message Posted: Mar 14, 2010 6:52:28 AM Ignore mandoid Report Abuse the left don't want it.
paoli8 Champion Author Philadelphia Posts:2,987 Points:932,660 Joined:Jul 2007	Message Posted: Mar 14, 2010 6:51:54 AM Ignore paoli8 Report Abuse Don't surprise me
skippypa Champion Author Hawaii Posts:3,529 Points:766,090 Joined:Jun 2008	Message Posted: Mar 14, 2010 6:47:07 AM Ignore skippypa Report Abuse So what's the US doing? Sitting on their A******.
jakTDI Champion Author Dallas Posts:3,555 Points:362,055 Joined:Aug 2008	Message Posted: Mar 14, 2010 6:44:45 AM Ignore jakTDI Report Abuse and pls don't shout at people: that's just rude. thanks.
jakTDI Champion Author Dallas Posts:3,555 Points:362,055 Joined:Aug 2008	Message Posted: Mar 14, 2010 6:44:06 AM Ignore jakTDI Report Abuse now is the time for change.
grouch311 Champion Author Illinois Posts:4,044 Points:671,305 Joined:Jun 2007	Message Posted: Mar 14, 2010 6:38:28 AM Ignore grouch311 Report Abuse eben if we used this, the regulations and permits are a major problem
danny999 Champion Author Florida Posts:3,706 Points:663,835 Joined:Oct 2008	Message Posted: Mar 14, 2010 6:35:32 AM Ignore danny999 Report Abuse 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.
rickgpr Sophomore Author Maryland Posts:168 Points:153,955 Joined:Mar 2008	Message Posted: Mar 14, 2010 6:23:32 AM Ignore rickgpr Report Abuse If it sounds to good to be true, then it usually is!!
harleydoctor Champion Author Kansas Posts:2,495 Points:966,930 Joined:Sep 2005	Message Posted: Mar 14, 2010 6:12:42 AM Ignore harleydoctor Report Abuse I would like to see all of non-usable nuclear waste dumped on Iran......
Dipstick1 Champion Author Amarillo Posts:5,135 Points:1,476,815 Joined:Jan 2006	Message Posted: Mar 14, 2010 6:06:04 AM Ignore Dipstick1 Report Abuse Nuclear power is the answer. Even for automobiles.
Paw5X Champion Author Gary Posts:5,724 Points:1,544,620 Joined:May 2005	Message Posted: Mar 14, 2010 6:03:48 AM Ignore Paw5X Report Abuse So what's the problem here?
CruisinLinda Champion Author Tallahassee Posts:6,458 Points:1,293,150 Joined:Sep 2005	Message Posted: Mar 14, 2010 6:00:13 AM Ignore CruisinLinda Report Abuse 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.
jimshell Champion Author Pennsylvania Posts:1,838 Points:466,205 Joined:Sep 2004	Message Posted: Mar 14, 2010 5:58:36 AM Ignore jimshell Report Abuse Since it appears to be safer then uranium go for it.
zornave Champion Author Louisville Posts:13,887 Points:2,204,540 Joined:Jul 2001	Message Posted: Mar 14, 2010 5:56:26 AM Ignore zornave Report Abuse ...and science marches onward.
turbodog Champion Author Mississippi Posts:1,828 Points:392,125 Joined:Feb 2009	Message Posted: Mar 14, 2010 5:55:46 AM Ignore turbodog Report Abuse Thanks for the good article on investing in Nuclear.
twobroke61 Champion Author Michigan Posts:3,458 Points:623,735 Joined:Sep 2008	Message Posted: Mar 14, 2010 5:51:45 AM 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:649,740 Joined:Apr 2005	Message Posted: Mar 14, 2010 5:48:42 AM Ignore DrivingFool2 Report Abuse Let's stop pussy footing around and build nuclear.