NewEnergyNews: BUFFET INVESTMENT SAYS FORGET NUCLEAR

NewEnergyNews

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

The challenge now: To make every day Earth Day.

YESTERDAY

  • ORIGINAL REPORTING: New Markets Opening Up To Distributed Resources
  • ORIGINAL REPORTING: Utilities Driving Record Solar Growth
  • ORIGINAL REPORTING: Hawaii’s Fight For 100% New Energy Goes On
  • THE DAY BEFORE

  • TODAY’S STUDY: Battery Energy Storage Right Now
  • QUICK NEWS, March 21: Eight Things To Do About Climate Change; The Fight For New Energy Wires; The Best New Energy Battery
  • THE DAY BEFORE THE DAY BEFORE

  • TODAY’S STUDY: Ways To Get To Zero Emissions
  • QUICK NEWS, March 20: $19 Trillion Benefit In Global Climate Fight; U.S. New Energy Now A $200Bil Biz; $10Bil EV Buy Planned By Band Of Cities
  • THE DAY BEFORE THAT

  • Weekend Video: The Colors Of Energy
  • Weekend Video: The Jobs Boom In New Energy
  • Weekend Video: Veterans Join Wind's Fight For New Energy
  • AND THE DAY BEFORE THAT

  • FRIDAY WORLD HEADLINE-The Irish Plan A Green Climate Change Attack
  • FRIDAY WORLD HEADLINE-Ireland-France Deal For Ocean Wind
  • FRIDAY WORLD HEADLINE-Erin Goes Solar In Its Power Mix
  • FRIDAY WORLD HEADLINE-Emerald Eyes Smile On Cars With Plugs
  • THE LAST DAY UP HERE

    THINGS-TO-THINK-ABOUT THURSDAY, March 16:

  • TTTA Thursday-Gallup Shows Rising U.S. Climate Change Awareness
  • TTTA Thursday-Google Roofs Finds 80% Of Buildings Solar Suitable
  • TTTA Thursday-No. Carolina Opens Up To Ocean Wind
  • TTTA Thursday-‘Monumental’ Job Growth In New Energy
  • --------------------------

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

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    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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      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

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    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

  • ---------------
  • THINGS-TO-THINK-ABOUT THURSDAY, March 23:

  • No Majority Anywhere Doubts Climate Change
  • Making The Baby Decision As The Climate Changes
  • Wind Delivers 54% Of Power To Midwest 11-State System
  • A System To Better Use 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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