nuclear-news

Billionaires’ nuclear love affair in the ‘Breakthrough Energy Coalition’

Is Gates’s ‘Breakthrough Energy Coalition’ a nuclear spearhead?, Ecologist, Linda Pentz Gunter 6th December 2015 

“……A nuclear love-affair revealed

Gates is already squandering part of his wealth on Terra Power LLC, a nuclear design and engineering company seeking an elusive, expensive and futile so-called Generation IV traveling wave reactor that can never deliver electricity in time.

Mukesh Ambani is an investor in Terra Power. Amazon founder, Jeff Bezos, is betting his money on the perpetually 40 years away nuclear fusion dream, which, even if it were ever to work, will be far too expensive to apply to developing countries.

Virgin Group founder, Richard Branson, publicly touts nuclear energy and put his name on Pandora’s Promise as executive producer. “We should continue to develop advanced nuclear power to add to the mix”, he said in promoting the film via the Breakthrough Institute’s website. (See our debunk of the film’s numerous errors of fact and omission.)

Chris Hohn’s TCI hedge fund invested in J-Power, a Japanese utility company whose assets included nuclear power stations. In 2008, the Japanese government barred TCI from increasing its stake in J-Power and the hedge fund withdrew.

Vinod Khosla loves nuclear power and is on record blaming environmentalists rather than nuclear energy’s obviously disastrous economics, for its failure. “Most new power plants in this country are coal, because the environmentalists opposed nuclear”, Khosla said in a 2008 interview.

Chinese billionaire Jack Ma of Alibaba, was recently brought onto British Prime Minister David Cameron’s Business Advisory Group, probably not coincidentally one day before a state visit by the Chinese president to seal a deal involving China’s investment in the UK’s planned Hinkley-C nuclear power plant.

Ratan Tata’s eponymous corporation leapt at the chance of investing in nuclear energy in India with the passage of the nuclear non-proliferation treaty-violating US-India deal….. http://www.theecologist.org/News/news_analysis/2986571/is_gatess_breakthrough_energy_coalition_a_nuclear_spearhead.html

December 7, 2015 - Posted by Christina Macpherson | 2 WORLD, Reference, secrets,lies and civil liberties