Thomas Melillo

Is The End Of The Uranium Rush In Sight?

From the viewpoint of a nonprofessional it seems to me that the upside to the Uranium market is coming from the inevitable deduction by Congress that coal to liquid industry if created is going to cost billions & billions of dollars and years to bring on line to have a appreciable effect on the CO2 emissions from coal burning power plants along with the fact that there is yet a proven way of storing CO2 underground safely. If Congress than takes the subsidies that they were going to give to the oil companies and put it into renewables such as solar, that too will take years to have an appreciable effect on CO2 emissions by the power companies. The only option open is Nuclear Power. That means Uranium. Short supply and all. It has been stated by certain "Think Tanks" that if the world was to go all out on nuclear, which the European countries seem to be doing, that there still won't be enough counter measures to offset the effects of CO2 going into the atmosphere by coal burning power companies. It will be the combination of all these efforts that might stem the tide of global warming. Coal to Liquid, Nuclear, & Renewables are the safe bet, Lets hope it enough, if not, what do we do then?