NewEnergyNews: BUFFET INVESTMENT SAYS FORGET NUCLEAR

NewEnergyNews

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

December 7, 1941: Time to forgive but not forget.

The challenge now: To make every day Earth Day.

YESTERDAY

  • TODAY’S STUDY: How To Balance Competing Solar Interests
  • QUICK NEWS, December 6: Sliver Of Hope? Al Gore In Climate Change Meet With Donald Trump; The Opportunity In New Energy; Google Seizing New Energy Opportunity
  • THE DAY BEFORE

  • TODAY’S STUDY: A Way For New Energy To Meet Peak Demand
  • QUICK NEWS, December 5: Trial Of The Century Coming On Climate; The Wind-Solar Synergy; The Still Rising Sales Of Cars With Plugs
  • THE DAY BEFORE THE DAY BEFORE

  • Weekend Video: Trump Truth And Climate Change
  • Weekend Video: The Daily Show Talks Pipeline Politics
  • Weekend Video: Beyond Polar Bears – The Real Science Of Climate Change
  • THE DAY BEFORE THAT

  • FRIDAY WORLD HEADLINE-Aussie Farmers Worrying About Climate Change
  • FRIDAY WORLD HEADLINE-The Climate Change Solution At Hand, Part 1
  • FRIDAY WORLD HEADLINE-The Climate Change Solution At Hand, Part 2
  • FRIDAY WORLD HEADLINE-New Energy And Historic Buildings In Europe
  • AND THE DAY BEFORE THAT

    THINGS-TO-THINK-ABOUT THURSDAY, December 1:

  • TTTA Thursday-First Daughter Ivanka May Fight For Climate
  • TTTA Thursday-Low Profile High Power Ocean Wind Energy
  • TTTA Thursday-A Visionary Solar Power Plant
  • TTTA Thursday-EVs Have A Growth Path
  • THE LAST DAY UP HERE

  • ORIGINAL REPORTING: How The Clean Power Plan Drove The Utility Power Mix Transition
  • ORIGINAL REPORTING: How Utilities Are Answering The Distributed Energy Resources Challenge
  • ORIGINAL REPORTING: Looking At New Rates To Unlock The Utility Of The Future
  • --------------------------

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

    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

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

    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

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

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

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

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

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

  • ---------------
  • TODAY AT NewEnergyNews, December 7:

  • ORIGINAL REPORTING: Turning Distributed Energy From Threat To Opportunity
  • ORIGINAL REPORTING: Solar Policy Action Heats Up
  • ORIGINAL REPORTING: Maine’s Almost Solar Policy Breakthrough

    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…”

    0 Comments:

    Post a Comment

    << Home

  • >