Download now: Oil Price Outlook 2024

America Needs Nuclear, Not Coal

Keith Kohl

Written By Keith Kohl

Posted August 10, 2015

I’m sure you know by now that the Clean Power Plan sets regulations for the U.S. to cut carbon emissions. The question now is how to do that. The states will each have control over how to meet their individual goals, but it will be harder for some than for others.

Some states, like California, are already on the way to clean energy with renewables. Others, however, rely heavily on coal power, the biggest source of carbon emissions in energy production.

Harvard Business School Professor Joe Lassiter believes he has the answer to this problem: nuclear power in place of all that coal.

American NuclearLassiter takes a global perspective to show how important nuclear power will be in the future. The first thing he claims is that while rich countries can do what they want to do with their energy portfolios, poor countries do what they must.

This is because of the cost: coal is simply cheaper than many other energy sources. He claims, however, that if one were able to burn uranium and thorium, materials used in nuclear power production, at prices in line with coal, it could produce current U.S.-levels of electricity to everyone on Earth for one thousand years.

This is a high claim, but the point is that making nuclear power cost-efficient would be beneficial not only to the U.S. in its attempts to produce cleaner energy, but to the parts of the world that are trying to do the same.

Venture capitalist Ray Rothrock asserts that nuclear technology is “ripe for disruption.” Much like the growing lithium-battery market, which will go hand-in-hand with clean energy production, nuclear technology needs to be upgraded to meet the needs of a world without coal.

China especially will need these improvements as it tries to cut its own carbon emissions in coming years.

The Clean Power Plan’s regulations are a clear push away from coal power. And nuclear, along with natural gas and renewable sources, will be ramping up and picking up the slack.

To continue reading…

Click here to read the Forbes article.

Until next time,

Keith Kohl Signature

Keith Kohl

follow basicCheck us out on YouTube!

A true insider in the technology and energy markets, Keith’s research has helped everyday investors capitalize from the rapid adoption of new technology trends and energy transitions. Keith connects with hundreds of thousands of readers as the Managing Editor of Energy & Capital, as well as the investment director of Angel Publishing’s Energy Investor and Technology and Opportunity.

For nearly two decades, Keith has been providing in-depth coverage of the hottest investment trends before they go mainstream — from the shale oil and gas boom in the United States to the red-hot EV revolution currently underway. Keith and his readers have banked hundreds of winning trades on the 5G rollout and on key advancements in robotics and AI technology.

Keith’s keen trading acumen and investment research also extend all the way into the complex biotech sector, where he and his readers take advantage of the newest and most groundbreaking medical therapies being developed by nearly 1,000 biotech companies. His network includes hundreds of experts, from M.D.s and Ph.D.s to lab scientists grinding out the latest medical technology and treatments. You can join his vast investment community and target the most profitable biotech stocks in Keith’s Topline Trader advisory newsletter.

Angel Pub Investor Club Discord - Chat Now

Keith Kohl Premium

Introductory

Advanced

Hydrogen Fuel Cells: The Downfall of Tesla?

Lithium has been the front-runner in the battery technology market for years, but that is all coming to an end. Elon Musk is against them, but Jeff Bezos is investing heavily in them. Hydrogen Fuel Cells will turn the battery market upside down and we've discovered a tiny company that is going to make it happen...

Sign up to receive your free report. After signing up, you'll begin receiving the Energy and Capital e-letter daily.