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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Douglas V. Fant who wrote (80351)	11/30/2000 12:54:38 AM
From: Webster Groves	Read Replies (2) \| Respond to of 95453

OT Nuclear handouts ..... Uranium out of the ground must be enriched in the fraction of U235 to make it fissionable (they toss out some of the more abundant U238). Only DOE and its contractors are allowed to do this in the US. (That's because if you enrich it a little more you have bomb grade material). The amortized cost of doing this is totally uneconomical for power generation in civilian reactors. The government foots most of the bill to make it palatable to industry. Same with risk management. Conventional plants are insured for various worst case scenarios. The insurance for nuclear plants is far below what would be needed to clean up a disaster such as 3-Mile Island - had it melted down only a little bit more. Forget about the Chernobyl equivalent, insurance wise. Once again, the government says nuclear is safe and limits the liability of utilities. If you are only looking at the incremental costs of nuclear power, then it looks more favorable, but why bother ? I think you are beating a dead horse here. I do not expect any more fission plants to be built in the US. N. Korea would like a few, however. - wg P.S. Those spent rods contain plutonium and other nasties we would like to keep out of certain hands. So they stay looked up at the reactor sites. I am told such rods do buzz the byways in Europe (esp. France) now and then.