SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: ChanceIs who wrote (147795)3/20/2011 3:14:10 PM
From: Jacob Snyder  Read Replies (2) | Respond to of 206334
 
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.



To: ChanceIs who wrote (147795)3/20/2011 3:16:13 PM
From: Fiscally Conservative1 Recommendation  Respond to of 206334
 
The economic realities of the Japanese tragedy are now just coming into focus. This will not bode well for US stocks,imo.