Business opportunities in the nuclear industry continue to grow. Shane and I discuss the Westinghouse-China deal, the US-India nuclear supply agreement, and Fresno Nuclear Group.
After many years of relative calm, the nuclear business is heating up in many different areas of the world. Opportunities continue to grow, so Shane and I talk about some of the recent mega deals that will have a positive impact on employment and income from the industry.
Specifically, we mention the recent agreement between China and Westinghouse that includes the sale of four AP-1000 pressurized water reactors along with the transfer of substantial technology to the Chinese purchasers. We also spend some time talking about the opportunities presented to the US based portions of the industry by the recent agreement to allow them to begin selling their nuclear related products in India, another large, densely populated country with growing energy supply challenges.
Finally, we talked about the recent announcement by Fresno California businessmen that they were interested in developing a nuclear power plant on the grounds of the local water treatment plant.
Along the way, we take a few detours – as usual – and mention such topics as the weather in the San Francisco bay area, Thomas Malthus, Operation Plowshares, coal burning hazards in China, and the relationship between gold mining and uranium mining.
We hope you enjoy the show. If you want to learn more about some of the topics that we discuss, I recommend that you visit some or all of the following links:
- Wikipedia article on Operation Plowshare
- India Nuclear Forces article from the Federation of American Scientists (FAS)
- NY Times article titled Pollution From Chinese Coal Casts a Global Shadow
- PubMed article titled Chronic Arsenic Poisoning from Burning High-Arsenic-Containing Coal
- Resource Investor article about First Uranium’s IPO
- Op-Ed in East Texas Review titled Clarity, honesty needed in power plant debate
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