NewEnergyNews: BUFFET INVESTMENT SAYS FORGET NUCLEAR

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Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

For MLK Day 2017

The challenge now: To make every day Earth Day.

YESTERDAY

  • FRIDAY WORLD HEADLINE-Does Climate Change Make Nuclear A Good Idea?
  • FRIDAY WORLD HEADLINE-Who In The World Is Winning With Solar?
  • FRIDAY WORLD HEADLINE-Wind Powers Scotland Four Straight Days
  • FRIDAY WORLD HEADLINE-Will China Bust Open The Global EV Market?
  • THE DAY BEFORE

    THINGS-TO-THINK-ABOUT THURSDAY, January 12:

  • TTTA Thursday-New Energy Mandates, Part 1 - Cleaner Air and Water
  • TTTA Thursday-New Energy Mandates, Part 2 - More Jobs
  • TTTA Thursday-New Energy Mandates, Part 3 - Better Health, Less Climate Change
  • TTTA Thursday-New Energy Mandates, Part 4 - The Great Deal
  • THE DAY BEFORE THE DAY BEFORE

  • ORIGINAL REPORTING: Rates That Will Grow Energy Efficiency
  • ORIGINAL REPORTING: Big Utilities Like Solar’s Future
  • ORIGINAL REPORTING: How To Grow The U.S. Electron Superhighway
  • THE DAY BEFORE THAT

  • TODAY’S STUDY: The State OF The U.S. Energy Transition, Part 1
  • QUICK NEWS, January 10: Business Shows The Right Climate Path To Trump; New Energy Dominated 2016 U.S. Power Build; Tech Giants Leading In New Energy
  • AND THE DAY BEFORE THAT

  • TODAY’S STUDY: Should States Or The Feds Regulate Electricity Delivery?
  • QUICK NEWS, January 9: The Whole Climate Story In One Image; The Solar Deal Keeps Getting Better; U.S. Wind To Double By 2023
  • THE LAST DAY UP HERE

  • Weekend Video: What The Bible Actually Says About Climate Change
  • Weekend Video: Google Shows The Way On New Energy
  • Weekend Video: The Secret To New Energy Success
  • --------------------------

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    Anne B. Butterfield of Daily Camera and Huffington Post, f is an occasional contributor to NewEnergyNews

    -------------------

    Some of Anne's contributions:

  • Another Tipping Point: US Coal Supply Decline So Real Even West Virginia Concurs (REPORT), November 26, 2013
  • SOLAR FOR ME BUT NOT FOR THEE ~ Xcel's Push to Undermine Rooftop Solar, September 20, 2013
  • NEW BILLS AND NEW BIRDS in Colorado's recent session, May 20, 2013
  • Lies, damned lies and politicians (October 8, 2012)
  • Colorado's Elegant Solution to Fracking (April 23, 2012)
  • Shale Gas: From Geologic Bubble to Economic Bubble (March 15, 2012)
  • Taken for granted no more (February 5, 2012)
  • The Republican clown car circus (January 6, 2012)
  • Twenty-Somethings of Colorado With Skin in the Game (November 22, 2011)
  • Occupy, Xcel, and the Mother of All Cliffs (October 31, 2011)
  • Boulder Can Own Its Power With Distributed Generation (June 7, 2011)
  • The Plunging Cost of Renewables and Boulder's Energy Future (April 19, 2011)
  • Paddling Down the River Denial (January 12, 2011)
  • The Fox (News) That Jumped the Shark (December 16, 2010)
  • Click here for an archive of Butterfield columns

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    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

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  • ---------------
  • TODAY AT NewEnergyNews, January 16, 2017:

  • TODAY’S STUDY: The State OF The U.S. Energy Transition, Part 2
  • QUICK NEWS, January 16: What Would Dr. King Do About Climate Change?; U.S. To Export Natural Gas; Where Corporates Are Boosting New Energy

    Thursday, June 06, 2013

    BUFFET INVESTMENT SAYS FORGET NUCLEAR

    Buffett Bets Against Nuclear Power

    Alex Frank, June 5, 2013 (Hastings Group)

    “…[L]egendary investor Warren Buffett sent the latest in a series of signals that nuclear power is a bad economic investment in the U.S…[with the announcement that MidAmerican Energy won't be building a [small modular reactor] nuclear unit in Iowa…and will be refunding much of the public money collected…[MidAmerican said] the time is probably not right for nuclear until 'carbon emissions are constrained or taxed…

    “…[This ends a MidAmerican] nuclear review process that has been underway since 2010…[It was more bad news for the so-called ‘small modular reactor (SMR)…The June 4th pullback from SMRs in Iowa was not the first time Buffett has killed a nuclear project. In 2008, Buffett's energy company spiked plans for a reactor in Idaho…because it would cost too much…”

    “…[But MidAmerican bought] a 49% share of a $1.8 billion [290 megawatt] solar-power plant owned by NRG Energy Inc….[and built in Arizona by] First Solar Inc… [and] a $2 billion California solar farm from First Solar…[Buffett also] invested heavily in [Iowa’s] rapidly growing wind industry…[MidAmerican recently made] a $1.9 billion investment in new Iowa wind farms…The new investment will add up to 656 new turbine's to the wind portfolio of MidAmerican Energy…

    “Warren Buffett is far from being alone in dealing the nuclear power industry major setbacks in 2013… Duke announced that it would not repair the damaged Crystal River reactor in Florida… will abandon plans for two nuclear reactors at the Shearon Harris nuclear plant in North Carolina…[and] Dominion Resources Inc. voluntarily shut the 566-megawatt (MW) Kewaunee nuclear power plant in Wisconsin…”

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