RE: Headway as Fukushima pumps restart:
The next nuclear disaster is likely to be in China, or maybe India. And, it will be caused by a series of unanticipated events, that nobody planned for. Just as Generals are always planning to refight the last war, and therefore always end up improvising in the next war, the same process applies to nuclear accidents. In the immortal words of Rumsfeld: Some things we don't know, and some things we don't even know we don't know.
Since accidents anywhere can end plans for future buildouts, it's in the industry's interests, to enforce global standards, for nuclear plant design and operation. Just because this accident happened a long way away, and only trivial radiation will reach the U.S., doesn't mean this isn't a disaster for the U.S. nuclear industry.
I'll make a prediction: no new licenses are granted, for new nuclear plants in the U.S., for the next 10 years. The battle will be over re-licensing our aging nuclear plants.
Another prediction: the big winners, from the Fukushima accident, will be natgas and coal short-term; wind and solar longterm.
I'm going to seriously consider adding to my CCJ position tomorrow. |
