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NUKES OK: UK

New nukes for Britain:

Britain will return to nuclear energy, building its first power stations in 20 years in order to avoid dependency on foreign gas and to fight global warming.

In a speech likely to provoke protests within his Government, Prime Minister Tony Blair said nuclear power was “back on the agenda with a vengeance” after studies showed Britain would import 90 per cent of its natural gas by 2025, leaving it reliant on potentially unstable countries in the Middle East and the former Soviet Union.

Might be time to get a little investment club going. Australian uranium could be a good buy.

Posted by Tim B. on 05/18/2006 at 01:48 AM

  1. Oh, umm (hand wringing), but which one is worse? Carbon gases are bad, but so is Nuclear, ummm, oh, what are we to do?

    They only have themselves to blame.

    Posted by Nic on 2006 05 18 at 02:59 AM • permalink

  2. I think ASIC has tightened up on “share tipping” in on-line discussions, but a perusal of the Australian Stock Exchange Materials Index should reveal some descent uranium stocks.  You’ve largely missed the bus though; Aussie resources stocks up between 50% and 200% in the past year.

    Posted by Stop Continental Drift! on 2006 05 18 at 03:45 AM • permalink

  3. What about Thorium stocks?

    Posted by Brett_McS on 2006 05 18 at 04:39 AM • permalink

  4. Thorium?  Get into Mineral Sands.

    Mineral sands mines quite common around coastlines (Florida, WA, East Africa etc).  The mine the sand and separate the heavy minerals out; mainly zircon and titanium minerals.  Very harmless stuff.  But nearly all also contain heavy thorium minerals, which are radio active.  Not much of a market for these, so commonly stored in drums until a bulk shipment can be done.

    Rather, er… warm drums, usually distinguished by being kept well away from the rest.

    But no-one knows what thorium is so the usual anti uranium mouth-frothing largely absent.  If they said ‘we have X drums of yellowcake here’ all hell would break loose!

    Shhhh.  Don’t tell anyone.

    Posted by Stop Continental Drift! on 2006 05 18 at 04:55 AM • permalink

  5. I wouldn’t hold your breath waiting for more nuclear power in the UK. Blair doesn’t have much political capital left, and the greens will go “nuclear” over this. Unlikely to happen (although I hope it does).

    Posted by Blithering Bunny on 2006 05 18 at 04:59 AM • permalink

  6. Oh and I thought you said nudes

    Posted by rog2 on 2006 05 18 at 05:39 AM • permalink

  7. What about Niger yellowcake?

    Posted by the wolf on 2006 05 18 at 09:31 AM • permalink

  8. OMIGOD!  Mobilize the bald-headed rocker political dudes!

    Posted by richard mcenroe on 2006 05 18 at 09:35 AM • permalink

  9. Now the bad news: Lucas Electrics will be wiring the reactors.  The good news?  Melt down?  Hell, they won’t even start.

    Posted by richard mcenroe on 2006 05 18 at 09:36 AM • permalink

  10. Australian uranium could be a good buy.

    Sure, steal our business! I hope that your PM doesn’t have a bear-related “accident” when he visits next week.

    Posted by andycanuck on 2006 05 18 at 09:41 AM • permalink

  11. There are bears in Ottawa?  Do they hide in the Rideau Canal?  Or come across from ‘ull?

    Posted by Stop Continental Drift! on 2006 05 18 at 09:48 AM • permalink

  12. #1 halt the hand-wringing.  i have the solution. see, we staple the lefties’ ears to little levers that connect up to dynamos & show them pictures of mother sheehan, jihad jack, david hicks & the persecuted king’s domain sacred fire guys.  head-tilt energy: clean, green, & keeping lefty nutjobs usefully occupied

    Posted by KK on 2006 05 18 at 10:01 AM • permalink

  13. Sort a kinda related, someone has mapped rising sea levels onto google earth maps where you can dial in various sea levels to the extent of coastal inundation.

    Kinda cool for those near coastal dwellers to discover, like I did, that if the sea level were to rise the full 14 metres available at that website, I will have a waterfront home!
    Mind you, if you can wade through (LOL) the latest scaremongering from the BBC as a guide, the current average rise in seal level of 1.75 mm per year means it will take 800 years before I can build my jetty and park a fishing boat across the road.

    Unless I buy an V8 SUV to hurry things along.........

    Posted by entropy on 2006 05 18 at 10:23 AM • permalink

  14. #9 Is Lucas Electrics still in business?
    When I was in the XKE club, way back when, we refered to Lucas as the prince of darkness and reckoned the reason Brits liked warm beer is becuase Lucas built their refrigerators.

    Posted by lmassie on 2006 05 18 at 11:00 AM • permalink

  15. I’m just saying that maybe PM Howard shouldn’t accept any side-trips to the Canadian Rockies. That’s all.
    http://tinyurl.com/kgxke

    Posted by andycanuck on 2006 05 18 at 11:07 AM • permalink

  16. #4 Thorium?  Get into Mineral Sands.

    But what about the clams?  For the love of God, will no one think of the clams?

    Posted by RebeccaH on 2006 05 18 at 11:58 AM • permalink

  17. #16 Clams saved. Mineral sands are on dry ground.  Save the snakes.

    Posted by lmassie on 2006 05 18 at 12:38 PM • permalink

  18. Nukety nuke nuke.

    Posted by Dave S. on 2006 05 18 at 01:22 PM • permalink

  19. #13 - Apres moi ...

    Posted by Achillea on 2006 05 18 at 03:32 PM • permalink

  20. #17 Imassie

    Clams not saved.  Clams eaten.  Sorry.

    Posted by Stop Continental Drift! on 2006 05 18 at 06:04 PM • permalink

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