--Among the technology Mr Gates said was the most promising was "nuclear recycling", where he has invested several hundred million dollars. His biggest single commitment was in a US-based company called TerraPower."
Arguing that solar is impractical, Gates explains that"
"Solar is only during the day, solar only works best in places where it's warm. We don't have perfect grids. We don't have storage"
- Bill Gates, co-founder of Microsoft
Gates adds that"
"Nuclear technology today is failing on cost, safety, proliferation, waste and fuel shortage, and so any technology that comes in has to have some answer to all of those things." TerraPower's reactors would be powered not by enriched uranium, used by traditional reactors, but by depleted uranium, the waste from today's plants." (Source : http://www.ft.com/intl/cms/s/2/4f66ff5c-1a47-11e5-a130-2e7db721f996.html#axzz3tyqYFmvQ )
While this plan sounds interesting; it seems like the nuclear waste Fukushima type event looming over St. Louis would be an unforeseen circumstance he would like 'swept under the rug.' Ironically, Gates was explaining how 'renewables' should be funded by the government in the billions--like the Manhattan Project. Ironically, the Manhattan Project is exactly how St. Louis found itself surrounded by its own dirty bomb, just waiting to explode.
Just a few weeks ago, Bill Gates stood side by side with Obama administration officials to announce a multi-billion dollar initiative claiming to accelerate 'clean energy' research and development. This plan is one front of a global war on climate change; intended to spearhead movement at the Paris Greenhouse Gas Emissions Summit. To quote the Wall Street Journal the --president and Mr. Gates will join with other heads of state and investors to detail complementary public and private commitments to clean-energy innovation."
(Source : http://www.wsj.com/articles/obama-and-bill-gates-to-launch-clean-energy-initiative-1448841653 )
Now while I support 'clean-energy' innovation; I don't recall ever electing Bill Gates to anything. I realize Gates is one of 'Obama's Billionaires' but this looks like they are co-presidents--with a very small 'p'. It would be preferred by the little people in St. Louis--that Mr. Gates takes care of his nuclear mess here--before lecturing the rest of the world. We are sitting on top of a virtual 'dirty bomb'--and Bill Gates gets to play president.
Exelon"
President Obama has long deep ties to Chicago based Exelon Corporation. Exelon as it is now known was brokered in a merger of two utilities in 2000. The investment banker who brokered the deal was none other than President Obama's first term chief of staff, Rahm Emanuel, who was then working for Wasserstein Perella & Co. (Source : http:/motherjones.com/environment/2010/02/obamas-nuclear-giveaway)
In 2012, a year before the Fukushima nuclear disaster; President Obama authorized $8bn in loan guarantees for the construction of two new nuclear power plants in Waynesboro, Georgia at the Vogtle power plant. (Source : http://www.the guardian.com/commentisfree/cifamerica/2012/mar/08/big-nuclear-cosy-relationship-obama-administration) These loan guarantees pushed ahead against the objection of the Nuclear Regulatory Commission Chair, Gregory Jaczko. To quote Jaczko; --I cannot support issuing this license as if Fukushima never happened." (Source : http://www.the guardian.com/commentisfree/cifamerica/2012/mar/08/big-nuclear-cosy-relationship-obama-administration)
Exelon lobbyists challenge post-Fukushima safety recommendations"
The Center for Responsive Politics has documented that Exelon Corporation has spent $34.6 million on lobbying. Exelon has also received direct access to the Obama administration at a level which would make RICO racketeers blush. The New York Times published an expose in August 2012, which documented how Exelon exerted undue influence on Obama administration environmental policies. This included delaying and eventually weakening a proposed EPA rule designed to prevent power plant water intake systems from exterminating nearby aquatic life.
Exelon also joined forces with industry trade association Nuclear Energy Institute (NEI) and other unidentified nuclear power plant owners to crush any post-Fukushima regulations recommended by the NRC. More specifically, they lobbied against a proposed requirement mandating the installation of filters on hardened vents at some 31 boiling water reactors. These filtered vents are designed to prevent radiation discharges into the environment during a malfunction. Filtered vents are required in Japan and most of the EU. NRC technical staff provided evidence citing filtered vents as a cost-effective measure which would protect communities near nuclear reactors. (Source http://www.nytimes.com/2012/08/23/us/politics/ties-to-obama-aided-in-access-for-exelon-corporation.html?_r=0 )
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