There has been an interpretation ruling on loan guarantees for 100% of the loan to a maximum of 80% of the total project for carbon dioxide reducing energy projects The loan guarantees make nuclear energy the cheapest option for energy. It pretty much guarantees that all 30 nuclear reactors that are in the planning stages in the USA will be built.
If a reasonable climate change bill is passed (likely in 2009) then the combination will cause a boom in nuclear power building in the United States. The amount of nuclear power would be projected to triple by 2030. 100-150 of the new larger reactors would be the primary source of any new power needs (along with more wind, solar and biomass and conservation and efficiency). The climate change bill will likely ratchet up the cost of coal plants and cause them to be shutdown and replaced over 20-30 year timeframe.
FURTHER READING
Thermoelectronics for more energy efficiency
Electric bikes and scooters in China and India key for clean global transportation.
Cars that are more fuel efficient than the Toyota Prius
Tracking increased orders for nuclear power around the world
EIA computational analysis of the projected impact of one of the climate bills
Increasing the power output of existing nuclear power plants
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.
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