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Trump’s done one good thing – stopped the Bill Gates- China “new nuclear power” push

Bill Gates shelves nuclear reactor in China, citing U.S. policy, Axios, Dec 30

TerraPower, a nuclear-energy company founded by Bill Gates, is unlikely to follow through on building a demonstration reactor in China, due largely to the Trump administration’s crackdown on the country.

Why it matters: This is a blow to America’s attempts to commercialize advanced, smaller scale nuclear technology and, separately, further evidence of soured relations between the U.S. and China under President Trump.

Driving the news: In a year-end blog post covering various topics published Saturday night, Gates said of TerraPower: “We had hoped to build a pilot project in China, but recent policy changes here in the U.S. have made that unlikely.”

Details: The Trump administration, led by the Energy Department, announced in October that it was implementing measures to “prevent China’s illegal diversion of U.S. civil nuclear technology for military or other unauthorized purposes.”

  • Those measures have made it nearly impossible for TerraPower’s project to go forward, according to multiple people familiar with the development.
  • TerraPower had pursued plans to build a pilot reactor in China because that country has two things America doesn’t — growing electricity demand and a long-term strategic energy plan — a top TerraPower executive told me last year.
  • Morning Consult and, separately, an analyst for the think tank International Institute for Strategic Studies, covered the impacts of the October policy change shortly after it occurred, with brief mentions of the likely negative impact on TerraPower………

What’s next: “We may be able to build it [the reactor] in the United States if the funding and regulatory changes that I mentioned earlier happen,” Gates said in his post, although he didn’t specify which funding or regulations.

Meanwhile, the Energy Department just announced it plans to buy some of the power from new advanced reactors being pursued by NuScale, another advanced nuclear company, for here in the United States. https://www.axios.com/bill-gates-nuclear-reactor-china-terrapower-be4c792c-6f76-4723-bf63-d8f9fb527dc1.html

 

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January 1, 2019 - Posted by | business and costs, China, politics, USA

2 Comments »

  1. Trump has been fairly difficult to analyze, but his Luciferian tendencies are obvious enough (even if mostly sycophantic). I mean, I can’t say I’m a fan of Trump, but Bill Gates has more of that Archon thing with him, seemingly. And I mean, I’ve been hunting those for a while.

    Comment by Frank Labuschagne | January 1, 2019 | Reply


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