The problem with environmental extremists is that they are not really pro-environment, they’re anti-energy and anti-progress, and for years these groups have been some of the most influential people in U.S. policy circles. Walter Williams reminds us that they “are well organized, loaded with cash and well positioned to be …
Speaking to a group of welders in Euclid, Ohio, yesterday, President Bush called for an expansion of commercial nuclear power to alleviate America’s dependence on foreign oil. In his speech at Lincoln Electric Co., self-described as the welding capital of the world, Bush focused largely on energy prices and offered …
Some developments on nuclear energy from around the globe. Putin’s Nuclear Push: Russian Prime Minister Vladimir Putin stressed the need for nuclear power in his country at a meeting in Elektrostal, outside of Moscow. Part of his plan is to dedicate $42 billion in public spending toward building Russia’s nuclear …
A few alleged design hiccups and supposed cost increases in Westinghouse’s new AP1000 nuclear reactor have so-called public interest groups calling for the reactor to be taken off the table. Claiming that escalating costs and half-baked design ideas will result in a failure to build the reactors, environmental group Friends …
There’s a lot of finger-pointing going on as to who’s to blame for the extraordinarily high oil prices. The primary targets are big oil and speculators and both are unlikely to be true (see here for speculators and here for big oil). Another target, rising demands from rapidly developing countries …
The Chinese, Russians, and Indians are planning to build a combined 159 new nuclear power plants. They are going to need uranium. Fortunately for us, there is an estimated $10 billion worth of uranium, the seventh largest in the world, sitting in Virginia. Unfortunately, like every other front on energy, …
More evidence arises that the world is preparing for a global nuclear renaissance: although the spot price for uranium fell, global exploration for 2007 totaled $718 million according to the Organization for Economic Cooperation and Development Nuclear Energy Agency and the International Atomic Energy Agency. To put this number in …
This morning Heritage Research Fellow Jack Spencer testified before the Committee of Foreign Affairs to discuss nonproliferation in the era of a nuclear renaissance. The full written testimony can be found here. Below is a highlighted summary of the oral testimony: While the nonproliferation regime is under stress, it is …
With the Singh government surviving yesterday’s no-confidence motion in the Indian Parliament, India is one step closer to gaining access to civilian nuclear reactors and fuel that would allow it to embark on its own nuclear renaissance. The civil nuclear cooperation agreement, for which Washington and New Delhi inked a …
Skyrocketing gas prices and rising energy demands have policymakers considering some of the same bad policies of the 1970s. Chief among these are windfall profits taxes, setting price controls on oil and using subsidies to pick winners and losers. The French, on the other hand, took a different approach in …
