Similar Posts

  • Peabody Presentation That Aggressively Markets The Best Features of Coal

    Unlike businessmen and investors trained in the Warren Buffett school that focuses on companies with a market monopoly; I actually enjoy competition. I think it is good for both the participants and their customers because it pushes improvements that are mutually beneficial. Many of my most successful investments have been in companies that are successful…

  • Amarillo Power Update – License Application Will be Filed In 2009 vice 2008

    On Tuesday September 9, 2008 Amarillo.com published an update on Amarillo Power’s planned nuclear project in the Texas panhandle. For undisclosed reasons, the company – led by George Chapman – has notified the NRC that it will be filing its construction and operating license application in late 2009 vice late 2008. At least part of…

  • A Nuclear Plant With Small Leaks Puts Less Radioactive Material Into the Human Environment Than Drilling for Natural Gas

    While there has been a tremendous level of attention paid to the small leaks of tritiated water discovered at some US nuclear power plants, a much larger magnitude source of radioactive material has been largely ignored in public discourse. Rock formations that contain fossil fuel resources also contain uranium, thorium and their decay products in…

  • Did the World Bank Tell Eskom to Cancel the PWR Project?

    I ran across a Reuters article that got me thinking. On December 4, 2008, Reuters reported that the World Bank had agreed to loan Eskom up to $5 Billion for a power capacity expansion program deemed crucial to the mining sector. On that same day, Eskom’s board met and determined that it would no longer…

  • No wonder Utah does not like nuclear power

    The Salt Lake Tribune published a very interesting article on April 18, 2006 titled Coal energy plants face lost sales if they ignore technology advances. I discovered the article by accident; I have a daily Google search that looks for “new nuclear power plants” and all of those words were in the story. When I…

  • Statoil carbon capture – aka "carbon sequestration" – project

    There is at least one company that has installed the capability to capture carbon and inject it into a geologic structure on a reasonably large scale. Statoil, a Norwegian oil and gas company that produces about 60% of Norway’s annual petroleum output, installed a carbon separation and compression system in its Sleipner West field in…