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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST
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To: Chas. who wrote (37872)8/3/2008 6:42:33 AM
From: energyplay  Read Replies (1) of 217822
 
There's an experimental nuclear facility in Idaho, government funded. They helped write the safety standards... the hard way.
Lots of experimental work can be done there. I would just as soon it was not in my back yard, however.

Almost everybody's nuclear R & D is government funded, as is about half of biotech, about 1/3 or more of aircraft research, lots of space explorations, and a bunch of other fields.

The folks at Darpa do a pretty good job. So does NIH, national institute of health.

I think the US is pretty competitive when it chooses to be.

I also don't think China being in the nuclear reactor business should be seen as a bad thing for the US, anymore than France being in the business. Russia would be a very different matter for many reasons.

Maybe because I see the nuclear reactor business as being less strategic than the oil business, for example. Or because I see reactors as a way to get the world free of OPEC, and cut down Russia's flow of cash.
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