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Pete C. Pete C. is offline
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Default Japans Nuclear problem in simple language.


"John R. Carroll" wrote:

Pete C. wrote:
"John R. Carroll" wrote:

Pete C. wrote:
"John R. Carroll" wrote:

Rich Grise wrote:
Sunworshipper wrote:
On Mon, 14 Mar 2011 15:34:38 -0400, "Steve W."


http://bravenewclimate.com/2011/03/1...e-explanation/

Now I'll wait for the doom and gloom crowd to start wailing....

Read that first thing this morning. How thick is the graphite,
metal, and concrete. 4,000 degree F.+ melt for how long? Has it
been done before? Still, that sounds like Air Force and airline
pilots wouldn't make it till retirement. That is if a couple of
beers is like tail gating out at the plant.

You didn't read the article either, did you? Or at least, if you
did, you obviously didn't grasp the facts.

Yeah, nuclear power has risks - so do solar panels and wind
turbines and cars. Cars kill 50,000 people every year - should we
ban them too?

There is a big difference Rich.
Automobiles are low risk / small consequence propositions. No car
accident will ever pose a threat to an economy.
Nuclear generating facilities are tiny risk / HUGE consequence
operations. Even a single catastrophe can have large and long
lasting impact.

Commercial nuclear power has never had a single mass casualty event
in it's decades of operation. It has not even had a small scale
civilian casualty event. Opposition to nuclear power is based on
ignorance and paranoia, not any science or rational thought.

I think part of the resistance, what you attribute to paranoia, isn't
ignorant at all.
It looks like this....

http://quote.tse.or.jp/tse/quote.cgi...N=T&QCODE=9501


Do you honestly think that drop represents hard analysis of the facts
(which are still not fully known) or knee-jerk reactions?


The facts are that this company has the kind of expensive mess on their
hands that shareholders abhore.
The PR also isn't real good.
Yes, it's a factual analysis but not of the failure.
It's a good analysis of what's likely to happen to the company and anyone
that got out by days end yesterday will have significantly more of their
equity remaining than those that didn't.
The shares are now down by two thirds and that's a fact and something an
investor with even half a brain would forsee.


Yet this company still operates far more than just this complex of six
reactors along with scores of fossil fueled generation plants across the
country, all of which are producing a product in exceptionally high
demand. Yes, they have a big mess, but they also still have highly
profitable operations.