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    UBS Investment Bank holds a large portfolio of loans to companies involved in extracting natural gas using the combination of horizontal drilling and hydraulic fracturing. Because of the healthy fees associated with generating those loans initially, UBS, along with several other large investment banks, supported drilling programs for production that was not justified by the…

  • Kewaunee closure announcement reinforces sense of deja vu

    It was a surprise to many of my pro nuclear friends, but Dominion’s recent announcement that it had decided to close its Kewaunee nuclear power plant was the almost inevitable result of current market and political conditions. The conditions bring back many memories of the mid 1990s, which were a rather dark time in my…

  • Corvallis to Richland and back

    After an informative tour of the NuScale facilities in Corvallis, OR on October 20, I continued my quick visit to the Pacific Northwest. I had originally arranged my travel plans to fly into Portland, OR instead Richland, WA — which was my ultimate destination — for a variety of reasons. It enabled the visit to…

  • Atomic Show #325 – Marco Visscher – The Power of Nuclear

    After many years as an independent journalist with an antinuclear bent, Marco Visscher began questioning his long-held beliefs. He realized that the accepted alternatives to fossil fuel were not actually reducing fossil fuel use so much as they were limiting the rate at which it was increasing. He began acknowledging that nuclear energy was a…