Posted on 09/24/2024 4:28:03 PM PDT by rktman
In a move that could signal the beginning of the end for the expensive and unreliable Biden-Harris green energy ideology, 14 of the world's biggest banks have announced they are lining up behind President Donald Trump's plans for nuclear energy in the world's future.
Online reporting cited documentation of the plans by the Financial Times:
The statement said, "Banks and funds totaling $14 TRILLION in assets have just signed an unprecedented statement in support of nuclear power. They'll be presenting the pledge to support the goal of tripling nuclear THIS MORNING at the Rockefeller Center in New York City to kick off NY Climate Week."
It continued, "A few of the names: Bank of America, Barclays, BNP Paribas, Brookfield, Citi, Credit Agricole, Goldman Sachs, Morgan Stanley, Rothschild & Co. The pledge comes after Microsoft signs deal to buy $16 billion in electricity from a revived Three Mile Island nuclear plant alone over 20 years to fuel its AI ambitions."
(Excerpt) Read more at wnd.com ...
If we put prisoners on electricity-producing bikes and made them pedal all day long, we’d have plenty of relatively FREE, ‘green’ energy. Who can argue with THAT? *SMIRK*
My Platform? Prisoners, and any able-bodied adult individual receiving TAXPAYER benefits, needs to ride a bike for 8 hours a day. They can have the first, second or third shift. Two shifts if they have dreams of winning the Tour de France!
See? I’m not completely heartless. ;)
As far as I know Holtec is working on restarting existing mothballed nukes in Michigan and New Jersey.
It is my understanding that the only SMR licensed in the US is the Nuscale reactor.
Naval reactors are a class unto themselves.
They are under the DOE and not the NRC.
Totally different species
The Naval reactors have never put a watt on the grid.
If anyone had asked me what I knew about him, I would've said something like "I know he is a New York real estate magnate, best known for casinos and skyscrapers he has developed. He has odd looking hair, a funny voice, and once had a reality television show that became famous for the phrase "You're Fired". He was also known for his interest in professional boxing and beauty pageants."
And that would've been about it. But there was one thing that really changed my mind on him. I wanted to learn more about him, so I watched the interviews online that he had in 1987 with Larry King.
What I found out in watching him was that he was boiling mad about the US government and the way that it did business not just an industry, but around the world.
At that point, he identified as a Republican, but I've been told he has changed back-and-forth over time, so I was only going on what he said in that interview.
If I recall correctly, there was one part of the interview where he talked about how the countries in the Middle East would, when he went over there to do business, actually laugh behind his back at the way stupid Americans had to conduct their affairs. I did not at all get the impression it had to do with stupid things like bribing and stuff like that… It seemed more fundamental that government was tying the hands of business.
But what really impressed me was that it was clear from looking at his face, he really cared about this country. And I see the same thing today.
And as I have often said onthis very forum, there were two things that absolutely sold me on him after he got into office: pulling out of the Paris climate accords, and moving the US Embassy in Israel from Tel Aviv to Jerusalem.
What made my jaw drop was watching him give his Rose Garden speech on the Paris Climate Accords where, on a global stage, he boldly characterized climate change as a wealth redistribution scheme, meant to make America poorer, and every other country richer. I was astonished to hear that coming out of the mouth of an American politician, never mind the President of the United States! I nearly jumped out of my seat and begin cheering… :-)
With the move of the US Embassy in Israel, what impressed me was the hysterical screeching from everybody both on the left right, all over the world, that the world was going to erupt in flames and result in another world war. He calmly stated that wasn't going to happen, and when he did it… Nothing did happen. Just as he said it would happen.
And when no acknowledgment of this truth that was crucial to the political risk of this policy, that was when I fully began to understand the forces that were going to be arrayed against him for the rest of his term. And I really underestimated it.
In this case, when I hear Trump say he is going to have an aggressive energy policy that includes a major portion of nuclear power, I believe him. I believe him completely that he'll do it.
And that he WILL do it, or at least try.
Hand-in-hand with our fiscal policy over the next four years I see our energy policy as being paramount. If we can develop an energy policy where energy becomes cheap and plentiful for industry and individuals in this country, least have a fighting chance to begin to combat our debt.
Maybe today.
Eisenhower knew that no one would drive on the Interstate system before he died.
But yes, power almighty, my god, they are going to try and bring the Singularity on copper-based chips -- the first of many mistakes to come...
Pontiac is correct in his characterization. It could be said that all nuclear reactors today are built today on the concepts pioneered by the US Navy and admiral Rickover (BWR, or boiling water reactors).
It’s interesting to note that there are many people who think we went down the wrong road by going with Admiral Rickover’s preference for the boiling water reactors rather than some alternative. They were trying out many different variance at the time. For example, the second nuclear powered submarine in the U.S. Navy was called the USS Seawolf, and she was powered by a liquid sodium reactor...crazy technology with crazy problems that they could not easily overcome at the time.
It is public knowledge that the reactors on our modern classes of submarines have reactor cores that are the size of an office desk. Pretty amazing stuff.
And back in the late 50s, we developed a small reactor that was supposed to be managed by three men, three ordinary men, without any specialized training. They put a prototype up in Greenland out on a glacier I believe where there was an Air Force facility. These three men were given instruction on how to operate and maintain the equipment safely.
It actually operated very well, and likely would’ve continued doing so except for the predilection of young, bored men to do stupid things to liven things up.
In this case, one of the guys was in the vessel when they were doing some kind of maintenance, and has the other two guys concentrated on their work, he thought it would be fun to pull the control rod system out just a little bit and cause the geiger counter to start clicking madly, which would be sure to make them crap their pants.
Unfortunately, for all three men, he did not understand exactly what the consequences of what he was going to do, because none of the maintenance procedures had it explicitly explained, or he was trained and did not keep his training in mind. He jerked out the control rods all at once.
When he jerked out the control rods, the reactor went super critical instantly, the cooling water in the small reactor immediately boiled and blew up in a massive steam explosion. All three men were killed. One of them I believe, had to be scraped off the top of the container vessel because he was on top when the thing went off pulling his prank.
It also scattered radioactive material all over that glacier, and there was a big international to do about it, and rightfully so. We ended up scraping all of that snow and ice on that glacier that was contaminated, and taking it somewhere else. (I don’t recall where they took it, for all I know, they might’ve dumped it out in the ocean) but I don’t think that happened. There were too many eyes on it at that point ranging from the top of the Pentagon and the State Department.
In any case, that was the end of that project. They never picked it up again.
Aren’t the nuclear reactors in the US Navy’s nuclear powered submarines basically small modular reactors?
Great post!
What about the waste?
No love for Bill Gates here.
But he has the liquid sodium-cooled TerraPower plant being built in Wyoming. 345MW with a deal for a storage feature that I’m unsure of.
Bottom line is that Nukes are your base units that run 24/7, that’s part of what the storage unit is about - additional power during the daytime peak power usage period - if it works.
Great time to join the Navy’s nuke program. Not so much for me, I got out of Navy in 1979 6 months after TMI accident. I rode the nuke tiger for 11 years b4 moving to an industry with growth potential.
Eisenhower was far from a typical politician.
Eisenhower warned us of both the Military Industrial Complex *AND* to Big Government / Big Science collusion that has brought us Global Warming/Green scams and forced Covid vaccinations for fun and profit.
It’s ok about what the elites want.
Reliable electricity for your home? They don’t care.
Running AI? Now that will get them building plants.
AI plus humanoid robots are going to replace most of the labor in the industrialized world. Manufacturing for sure is largely automated what limited delicate tasks that still need human hands will eventually be replaced by the singularly and its humanoid robot minions. Field labor for crops not harvested by combine or harvesters yup again those five or six finger why not six for more dexterity. Think strawberries, citrus fruits etc. AI robots can have multispec vision in IR/vis/UV to perfectly pick out ripe fruit vs not ripe forget visible color its all about IR and UV down to the specific wavelength. As a remote sensing person you can fly drones over crops and see the ripeness. The elite don’t care about putting millions out of work they see capital as the end all be all and robots turn capital into more capital orders of magnitude more effectively.than human labor does. 24/7/365 nerve a day off ,never sick,never pregnant, doesn’t need healthcare its a capitalism’s wet dream to eliminate labor from production. It’s coming and then the question is what do you do with the millions or really billions of totally excess and unemployable people who will never work even if they wanted too they are simply surplus. The elites plan to be on top of a population reduced down to a few hundred million to run the stuff AI simply can’t at that time.
The Whore Jane Fonda thought she had killed nuclear power with her Lefty hitpiece, The China Syndrome...
Bookmark
Expansion of Nuclear - bump for later....
My point was that the reactors are not built at the shipyard anymore than the computers are. They are built somewhere else and then installed on the ship. They are a module. And they are not industrial power plants. They are small. Hence, small modular reactors. They are not exactly the same as might be installed in a land based facility, but the idea is the same.
My point was that the reactors are not built at the shipyard anymore than the computers are. They are built somewhere else and then installed on the ship. They are a module. And they are not industrial power plants. They are small. Hence, small modular reactors. They are not exactly the same as might be installed in a land based facility, but the idea is the same.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.