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Westinghouse Files for Bankruptcy, in Blow to Nuclear Power

Westinghouse Electric Company, which helped drive the development of nuclear energy and the electric grid itself, filed for bankruptcy protection on Wednesday, casting a shadow over the global nuclear industry.

The filing comes as the company’s corporate parent, Toshiba of Japan, scrambles to stanch huge losses stemming from Westinghouse’s troubled nuclear construction projects in the American South.

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Nuclear power is dying. Can radical innovation save it?


Among experts who study energy policy, there’s remarkably widespread agreement that tackling climate change would be much, much easier if we could quickly and cheaply build lots of new nuclear power plants. It’s not always a popular argument, but it’s a compelling one on its face.

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In defense of nuclear power and Diablo Canyon 

The California political hierarchy sees supporting Diablo Canyon nuclear power plant and nuclear power as a political risk. They are in denial that getting rid of nuclear power could be a liability not only for the environment but for their political careers. These points of view are based on a lack of understanding and truth.

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Rick Rule on Uranium: Early Means Wrong, Unless...

You have a 5-stock portfolio where the worst company goes 22:1

In an exclusive Q&A session for Sprott Private Wealth clients, Rick Rule shared his thoughts on the uranium market and explained why speculators shouldn't worry too much about being early.

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U.S. Nuclear Energy: Transform or Become Irrelevant

Ramanan Krishnamoorti, Chief Energy Officer, Interim Vice Chancellor for Research & Technology Transfer, Interim Vice President for Research & Technology Transfer and S. Radhakrishnan, Managing Director, UH Energy

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Louis James on the “Golden Runway”

Louis James

This year’s Prospectors & Developers Association of Canada (PDAC) conference featured hundreds of companies and speakers, and the Investing News Network had the chance to take in quite a few talks.

On Sunday, one highlight was a presentation by Louis James, editor of the International Speculator. James began his 30-minute slot by saying he is bullish on uranium and gold this year, but

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Is uranium set to be the next big commodities story?

Price is languishing well below its peak, but demand for nuclear is growing

After the horrors of Three Mile Island, Chernobyl and more recently Fukishima, the nuclear sector finally seems to be within touching distance of a glorious renaissance. 

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The future of nuclear energy

Called Watts-Bar-2, the unit located at Tennessee joins another 99 reactors there to supply nearly 20% of America’s electricity. However, lengthy construction times for nuclear power plants is not the norm elsewhere.

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A carbon tax can help keep nuclear energy in the picture


For years, economists, politicians and pundits have been debating the pros and cons of using a “carbon tax” to combat climate change.  In its simplest form, the tax would be a per-ton levy on carbon dioxide emissions from electric power stations and industrial boilers that are fueled by coal, oil or natural gas.

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UK nuclear power stations 'could be forced to close' after Brexit 

Leaving Euratom treaty will shut down nuclear industry if international safety agreements are not made in time, MPs told

Nuclear power stations would be forced to shut down if a new measures are not in place when Britain quits a European atomic power treaty in 2019, an expert has warned.

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