candooman

Why I'm Betting on USEC

The fact that Obama has not mentioned nuclear in the last 6 months but specifically pushed for wind and solar and "renewables' tell me he had already reneged on his promise. Behind the scenes I suspect he and many in his staff do not like nuclear. Steven Chu, for all his brain power cannot seem to make the connections to favor nukes.

Wind Power: What We Can Learn from Denmark

In response to Heissman's question --

Denmark is a relatively flat country, hence they do not have significant hydro generation power plants. natural earthen basins which have low head of water will not do. We do in the US but there needs to be transmission lines that connect windpower to hydro dams before this can happen. Again, the limitation is very apparent in the Texas to Canada Boone Pickens wind corridor. This area is far away from areas that can be dammed or already has hydrodams. High capacity transmission line infrastructures have to be built.

This is one government project that Obama can invest on to generate US jobs in the next two years. He just has to make sure the power lines, steel towers, etc. (materials) should be made in the USA. Obama need to rein in the environmentalists who are sure to block projects like these because it "ruins" open space poeple's views and might impede the flights of migratory birds.

Why I'm Bullish On Coal Stocks

Further to thomas Blakeslee's comments, the world has to start shifting to nuclear power. It is the only means to convert hydrocarbon based power plants big time without producing CO2. Solar and Wind power will provide only a small percentage of the world's electric power needs. To quickly arrest the steep growth of CO2 generation and global warming, we need to replace all fossil fuel electric power plants with nuclear. One of the fastest ways of conversion to nuclear is to substitute pebble bed reactors for coal fired plants; their generators can be reused. This will happen, the world has no choice. Coal's will only be good for small application like producing liquid fuel for aviation applications and emergency power. Commuter cars will be electric plug-in types (electric power provided from nuclear plants) to further reduce CO2. Coal, oil and gas value will decline. So will the power of the Middle East, to their pre-OPEC status. Hopefully, so too will terrorist activities. With greatly deminished need for oil, our involvement with the MIddle East will decline.
Nuclear, with fuel recycling, will last longer than oil. The Nevada nuclear waste site will not be needed. New nuclear technologies will make our nuclear fuel last forever. The world has an abundance of uranium and thorium and most deposits are located in countries with stable and peaceful populations - US, Canada, Austalia, India. Long term investments are in uranium and nuclear power industries.