Motley Fool has positive comments about nuclear prospects
In a March 2, 2007 investment opinion piece titled GE Cleans Up Jack Uldrich, a Motley Fool writer, had this to say about nuclear energy growth prospects:
GE will also benefit as public attitudes about nuclear power continue to soften. Although no new nuclear plants have been built in three decades, nuclear power (which emits no carbon dioxide) is now being seen in a “greener” light. The company’s advanced reactor design is expected to be used in the handful of the new nuclear plants that have already been approved, and last month GE was awarded a contract to boost the output of a large existing nuclear plant in Minnesota. As nuclear power grows, GE can be expected to grow along with it.
Of course, one has to balance that comment against the later ones in the same article that indicate even larger potential from wind and solar power, but at least he acknowledges that nuclear power will grow.
