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U.S. Will Build Five New Nuclear Reactors by 2020, New Energy Finance Says

April 4, 2011 Comments off

bloomberg

 

The U.S. will build five new nuclear reactors by 2020 and ignore calls to scale back plans in the wake of Japan’s nuclear accident, said Chris Gadomski, an analyst at Bloomberg New Energy Finance.

“We’ll see a reassessment and reevaluation and then stay the course,” Gadomski said today at a conference in New York today. Plans to build the five reactors are already underway, he said, and “We don’t see that changing.”

No new nuclear plants have been built in the U.S. since the 1979 near-meltdown at Three Mile Island. Interest in atomic energy has gained as a way to curb greenhouse gas emissions that contribute to global warming, and the Obama administration has offered loan guarantees to developers of reactors, which account for a fifth of total U.S. electricity.

“We are looking first and foremost at keeping our current fleet operating safely,” said Andrea Sterdis, senior manager of nuclear expansion at Tennessee Valley Authority, a federal power supplier that operates four reactors in the U.S. South. She spoke at the conference hosted by New Energy Finance.

The biggest threat to new nuclear power plants may be the low cost of natural gas, which can be used to fuel power stations that are quicker and cheaper to build than atomic- fueled facilities, said said Edward Kee, vice president of NERA Economic Consulting.

“Everything in the U.S. is challenged by cheap natural gas,” Kee said at the conference.

NASA admits all previous warming trends caused by sun

April 4, 2011 Comments off

helium.com

I wonder what Al Gore’s rebuttal is going to sound like…

Under mounting pressure from scientists that reject the politically popularized man-made global warming and climate models—the Anthropogenic Global Warming (AGW) theory—the American space agency NASA has admitted that all past warming trends were driven by solar activity.

A victory for the man-made ‘global warming deniers’

As more scientists have joined the outcry over the politicization of Earth’s climate cycles—the current number exceeds 20,000—promoters of the AGW model have denounced the “global warming deniers” countering that little evidence supports the view that the sun is driving the observed warming trend.

Now, however, new study released from NASA’s Goddard Space Flight Center in Greenbelt, Maryland measuring the global temperature variance during the past 100 years has found the sun’s heat and variable cycles have indeed made a significant, measurable impact and greatly influenced Earth’s climate.

In fact, the influence extends as far back as the Read more…

Can You Anticipate Gold To Hit $1,500 & Silver $50 Quite Soon, Probably As Early As Summertime?

April 4, 2011 Comments off

prlog.org

Yes, I believe that you can anticipate gold to hit $1,500 and silver to hit $50 extremely quickly, perhaps as early as this summertime. Now would be an excellent time for you for making investments in gold and silver. Buy precious metals now.

FOR IMMEDIATE RELEASE

PRLog (Press Release)Apr 03, 2011 – Gold attracts great emotion from people and it’s got always done so. It seems to bring out the extremes in traders, reporters, and governments. It is either hated or cherished. Copper is not, nickel isn’t and coal isn’t. You are able to call it a commodity, a barbarous relic, money or perhaps a wealth preserver. What ever title you use, someone will react. As being a metal, it’s got particular characteristics that other metals do not have, but that’s not what produces these reactions. It’s not even its price rise over the last ten years that leads to the clamor. Actually, it’s not about gold at all. http://silver-dollar-values.com has all the details for a precious metals investing decision.

Governments have in turn cherished it, hated it and now are beginning to adore it again. It’s what it is purported to signify that leads to all the fuss. Just take a look at the factors put forward by some regarding why it’s rising in price and Read more…

ELEnin Things to come in 2011-12

April 4, 2011 Comments off

April 4th, two earthquakes with a strength of greater than 6 took place.

Data from USGS site

6.7 2011/04/03 20:06:42 -9.786  107.749 24.0 SOUTH OF JAVA, INDONESIA

6.4 2011/04/03 14:07:09 -17.649 -178.578 551.9 FIJI REGION

China Sees New Emerging Markets Bloc Consensus

April 4, 2011 1 comment

abcnews

An upcoming meeting of the leaders of the world’s leading emerging economies should boost consensus and cooperation among them, although members of the group have yet to decide on whether to establish a permanent secretariat, a Chinese diplomat said Saturday.

The April 14 meeting in the southern Chinese resort of Sanya will include the heads of Brazil, Russia, India, China and — for the first time — South Africa. The five make up the grouping known as the BRIC countries, whose members account for 40 percent of the world’s population and 15 percent of global trade.

Discussions in Sanya will cover trade and finance, as well as major political issues, with areas of agreement to be laid out in a final statement, Assistant Chinese Foreign Minister Wu Hailong told reporters at a briefing.

“We hope through the concerted efforts of all parties that this meeting will be an important Read more…

Floods spread GM seed

April 4, 2011 Comments off

farmonline

Bob Mackley, who farms at Duchembegarra, north of Natimuk, said his paddocks have been over-run by genetically modified canola following summer flooding in the Wimmera.

A WIMMERA farmer whose paddocks have been infested by genetically modified (GM) canola washed down by the December floods says the spread of large chunks of GM seed highlights the inadequacy of Australia’s co-existence policy between GM and non-GM canola.

Bob Mackley, who farms at Duchembegarra, north of Natimuk, said measures such as adventitious presence (AP) levels of trace levels of GM material were designed for contamination by cross-pollination, not for the widespread transportation of viable seed pods.

“The canola was transported in the first floods, then when we got the rain in January, it germinated quite a substantial amount.

“I’d say it could easily be more than the prescribed levels of 0.9pc GM material.”

However, Monsanto corporate affairs lead Keryn McLean said Mr Mackley needed only to approach the GM canola volunteers as any other weed.

“For any farmer intending to plant a crop this season, it is best practice to control weeds in paddocks prior to sowing any seed, canola or otherwise,” she said.

“If Roundup Ready canola was transferred into the paddock, a number of other plants would Read more…

Astronomers: Comet Elenin may produce greatest meteor showers in history

April 4, 2011 6 comments

helium.com

The unusual Comet Elenin is expected to pass within 21 million miles of Earth on October 16, 2011 and speeding by at more than 85,000 mph—so fast it could travel from Earth to the Moon in less than five hours.

Discovered by amateur Russian astronomer Leonid Elenin in Lyubertsy, Russia on December 10, 2010—who accessed the International Scientific Optical Network’s robotic observatory near Mayhill, New Mexico—the astronomical community has erupted with the excited possibility the celestial traveller could generate the most spectacular meteor showers ever recorded.

Although the comet’s path is expected to change as it draws closer to the sun, astronomical calculations appear to show Elenin’s perihelion occurring well inside Earth’s orbit by September 5th.

Astronomers believe the comet will be visible with a good pair of field binoculars about the middle of August. After then it should become visible in the Northern hemisphere’s predawn Read more…