Search Results for: buffett

Did Saudi King Abdullah urge attack on Iran to halt its nuclear program or its nuclear weapon program?

ByRod Adams

…is on the right track. “Spurred by a pledge of $50 million from Warren E. Buffett, the billionaire investor and philanthropist, the board of the International Atomic Energy Agency voted Friday to set up a global nuclear fuel bank that aspiring nations can turn to for reactor fuel instead of making it themselves.” http://www.nytimes.com/2010/12/04/science/04nuke.html?_r=1 Rod Adams @Bill – my vision is just as much a vision of a difficult to reach…

Don't Blame the Scientists if You are Worried About the Political and Economic Implications of Acknowledging the Cost of Waste Production

ByRod Adams

…uestions. DocForesight @Rod — Now I know we’re of the same vintage: Jimmy Buffett (and Kansas, Boston, Chicago – was there a band named ‘Podunck’?) As to the boiling frogs, Spencer (sorry, but just sharing his idea) makes an analogy with an uncovered pot of water on the stove; turn the heat on ‘low’; the water warms to reach a new equilibrium then stabilizes as heat input equals heat released. Not a perfect analogy but then we don’t have perfect…

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NuScale wins second round of DOE SMR funding under FOA

ByRod Adams

…similar tax treatment. EL Income generated inside the boundaries of Warren Buffett’s 401K or Roth IRA would receive similar tax treatment. And how much do you think he has contributed to his IRA over the years? Maximum annual contribution is currently $5,500 (or $6,500 if you are over the age of 50). And if he rolled over his previous accounts to a Roth, he did pay deferred taxes for that year. I would hazard to guess Warren probably gets a better…

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ExxonMobil, XTO, and climate change strategy

ByRod Adams

…5 MW, which is $2/Watt, or twice the cost you’re quoting. @Keith Pickering Buffett is expected to pay $1 billion for 1,050 MW wind farm in Iowa. That’s some $0.95/Watt capacity. Energy cost is expected to be around $82.61/MWh (compared to $78.30 MWh for coal or $69.71 MWh for NG as of December of last year). “Turbine prices have fallen 26 percent worldwide since the first half of 2009, bringing wind power within 5.5 percent of the cost of electric…

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Don’t blame “the market.” Individual people with money and power do not like nuclear

ByRod Adams

…tors. Finally, your hero, John Rowe, whose company is the third one (after Buffett and EDF) to step in to pick up Shattuck’s mess has a slightly different take on the prospects for CC3. New Calvert Cliffs nuke ‘almost inconceivable’: Exelon CEO. Remember, I moved out to Lynchburg, the home of Areva last year. I see the numerous for sale signs in my 3 year old neighborhood of very pleasant homes and know that a good portion of them are still owned…

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Mark Cooper is wrong about SMRs and nuclear energy

ByRod Adams

…of return Google “solar-15-percent-returns-lure-investments-from-google-to-buffett” Plugging those numbers into to Aqua Caliente comes to over 50 cents a kwh. EL Thanks for this document. It makes clear that the more penetration there is of unreliable and unpredictable sources of electricity the more difficult it will be to make sure the grid is reliable. Do you read something different in the document? @David They are arguing for rigor, improved…

Putting a Human Face On Nuclear Energy for Amanda Little – Author of Power Trip

ByRod Adams

…coal2nuclear.com advice? http://blogs.wsj.com/deals/2009/11/03/how-big-is-buffetts-railroad-bet/ Oops – that might step on some of the richest toes in the country! DV82XL It’s always a bit easier for me too, to show patience with a renewable supporter when she is a comely and obviously personable young woman, than with a middle-aged, bearded social misfit haranguing everyone for consuming too much, or a smoothly lying renewable industry flack, te…

Concrete Action to Follow Strongly Supportive Words On Building New Nuclear Power Plants

ByRod Adams

…oney that you still control far more than if you had paid it out to Warren Buffett and Geico. If the government’s track record is not good, so be it. Let’s work to change it and remember that “past performance is not evidence of future performance”. That warning is often published in the fine print on mutual funds, but it is equally true on the positive side as on the negative. Just because an organization has failed in the past does not mean it w…

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Oil Road and Carbon Democracy – Actinides could disrupt corrupt establishment

ByRod Adams

…that simulator designers and operators are also human beings and, as Jimmy Buffett would say, are “flawed individuals.” They occasionally make errors, some of which propagate. As regular old human beings, they also have a tendency to defend their actions and a reluctance to admit mistakes. Johan The continent hasn’t turned completely stupid. It is just that the EU leadership is pretty much completely disconnected from its constituents and the whol…

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Why is natural gas such a popular answer to energy challenges?

ByRod Adams

…n North America for a long time? If so, I am being reminded of some Warren Buffett-isms: “Be fearful when others are greedy and greedy when others are fearful” – In this case, in regards to investing, fear could refer to the ‘fear’ that natural gas (NG) prices will stay low for a long, long time. (very roughly) “A rosy consensus is very expensive” – In this instance, the consensus is that NG prices will remain low. From my perspective, cheap natur…

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The need for more rational radiation protection standards

ByRod Adams

…heck. Strangely enough, very few do. When challenged on this point, Warren Buffett, who has called for higher taxes, refused to pay more, even though he could if he wanted. John Kerry’s home state, Massachusetts, allows a checkoff on their state tax return to allow taxpayers to send in more. When investigated, it was found that the Kerrys, in spite of their billion dollar net worth, elected not to pay more, even though they could. So, how would yo…

Groups fighting nuclear energy and advocating industrial wind and solar are not environmentalists!
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Groups fighting nuclear energy and advocating industrial wind and solar are not environmentalists!

ByRod Adams

…ons. Jeff S Hey Rod, what do you make of the news going around that Warren Buffett just bought a solar power company to add to the portfolio of MidAmerican Power? Jeff S I think what you are getting at is there are a lot more atoms of carbon and hydrogen in a 1 kilogram of hyrdocarbons than there are atoms of Uranium in a kilogram of U3O8? Does the mass of air that is required to combust the fossil fuels get counted against the energy density? It…

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