http://www.zerohedge.com/news/2016-...ther-billionaires-backing-nuclear-renaissance
[URL='http://oilprice.com/Alternative-Energy/Nuclear-Power/Bill-Gates-And-Other-Billionaires-Backing-A-Nuclear-Renaissance.html']Submitted by James Stafford via OilPrice.com,[/URL]
Yet what about those notorious safety risks? Nuclear energy may be green, but it is also more dangerous than, say, wind energy.
Again, nobody in nuclear power is contesting that. What they are doing instead is working on new, safer reactors. Welcome to the next generation—reactors that are much safer than their predecessors. But they will still need uranium.
The U.S. government recently announced an $82-million funding program for next-generation nuclear reactor development. The UK is even more generous, pledging last year £250 million over five years for research and development in the nuclear energy field.
Private investors such as Bill Gates, D. E. Shaw, and Chinese billionaire Li Kashing have been pouring money in such research – and uranium mining – for years now.
The nuclear reactors of tomorrow will not only be safer than the ones we already have – which are themselves safer than many believe – they will be much more efficient.
Bill Gates’ TerraPower, for instance, has designed a traveling wave reactor, which utilizes nuclear waste. Another design, by two MIT researchers, again uses waste, mixed into molten salt. In short, the nuclear reactors of the future will utilize not just regular uranium but will take care of the waste as well – the same waste that raises so much concern among environmentalists and the general public.
[URL='http://oilprice.com/Alternative-Energy/Nuclear-Power/Bill-Gates-And-Other-Billionaires-Backing-A-Nuclear-Renaissance.html']Submitted by James Stafford via OilPrice.com,[/URL]
Yet what about those notorious safety risks? Nuclear energy may be green, but it is also more dangerous than, say, wind energy.
Again, nobody in nuclear power is contesting that. What they are doing instead is working on new, safer reactors. Welcome to the next generation—reactors that are much safer than their predecessors. But they will still need uranium.
The U.S. government recently announced an $82-million funding program for next-generation nuclear reactor development. The UK is even more generous, pledging last year £250 million over five years for research and development in the nuclear energy field.
Private investors such as Bill Gates, D. E. Shaw, and Chinese billionaire Li Kashing have been pouring money in such research – and uranium mining – for years now.
The nuclear reactors of tomorrow will not only be safer than the ones we already have – which are themselves safer than many believe – they will be much more efficient.
Bill Gates’ TerraPower, for instance, has designed a traveling wave reactor, which utilizes nuclear waste. Another design, by two MIT researchers, again uses waste, mixed into molten salt. In short, the nuclear reactors of the future will utilize not just regular uranium but will take care of the waste as well – the same waste that raises so much concern among environmentalists and the general public.
