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Presenting The Countries Most Exposed To A Nuclear Backlash

Tyler Durden's picture


Following the nuclear power plant explosions in Japan over the weekend, the next step once the world gets over its shock, will almost certainly be a worldwide adverse response against any future nuclear developments (explaining the action in shares of Exelon and Areva). It will likely also see countries that have a substantial exposure to nuclear power plants be pressured to migrate to other sources of energy. Below we present a list of the 30 countries that have the largest exposure to nuclear power generation. At the top are Lithuania, France, Slovakia Belgium and Ukraine, all of whom see at least 50% of their energy needs satisfied by nuclear sources. The US is further back, at 20.2% as of 2009 (equivalent to an energy output of roughly 800 TWh). German is at 26.1% while the UK is at 17.9%. It is possible that many of the countries listed below could see social unrest based on concerns of developments comparable to those in Japan, with the respective governments promptly forced to do the old song and dance how nuclear power is the safest available... until the black swan event occurs and it isn't.

PS: we have been advised that the Lithuanian power plant has shut down in the period since the last update by the WNA, which means that the French are on top.

Source: World Nuclear Association



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Mon, 03/14/2011 - 09:31 | 1049878 sushi
sushi's picture

The announcement that the Japanese evacuation zone has been increased to 3,000 km will be an eye opener.

Mon, 03/14/2011 - 09:43 | 1049891 BigJim
BigJim's picture


Can anyone explain to me why natgas price has barely budged? I'm really tempted to back up the truck.

Mon, 03/14/2011 - 10:08 | 1050012 himbot
himbot's picture

NYMEX won't see any increased demand, and LNG cargoes are still better off going elsewhere. No effect. However, builders of gas-fired power seem like a good play.

Mon, 03/14/2011 - 09:47 | 1049938 jus_lite_reading
jus_lite_reading's picture

Tokyo geiger counter shows radiation levels are increasing!

And it's now being reported that the German gov't is pulling out reporters and staff from Japan. What do they know?

Mon, 03/14/2011 - 09:30 | 1049879 THE DORK OF CORK
THE DORK OF CORK's picture

Can you sell irrationality ? - yes you can.

Mon, 03/14/2011 - 09:37 | 1049895 Mercury
Mercury's picture

At this point, I don't see that Europe (for instance) has much of a choice.  What are they going to go hog wild for wind and solar now?...back to dirty coal?   Give me a break. 

Mon, 03/14/2011 - 09:56 | 1049964 jus_lite_reading
jus_lite_reading's picture

WOW! The EU is reviewing shutdowns of nuke facilities... are they preparing for something as well? Japan never thought they would see an 8.9. What if a 9.5 struck the EU?

Mon, 03/14/2011 - 10:00 | 1049977 4xaddict
4xaddict's picture

Japan also sits on a tectonic 3-way which the EU isn't invited to.

This will create a V-shaped opportunity to long Nuke power and uranium stocks imho - BP style.

Mon, 03/14/2011 - 10:02 | 1049986 Real Estate Geek
Real Estate Geek's picture

Caused by what?  The Old Madrid fault?

Mon, 03/14/2011 - 10:21 | 1050047 Grifter
Grifter's picture

I love random ZH chuckles as I slave away at my desk.  My thanks to you, good sir/madam, for providing the first one for this day.


Back on thread, however...been reading up on the Thorium alternative that some of you fine ZH'ers have mentioned...seems very promising, hope these recent events don't kill whatever minor efforts are going into LFTR research...

Mon, 03/14/2011 - 15:28 | 1051538 jmc8888
jmc8888's picture

Also with anything, especially nuclear power, it has to be done right.  They could build them better, but that would take more money, and of course, all the rules here in america make them needlessly expensive (not through saftey regs), which also means they'd tend to cut corners to shave off costs.  That has to change.  Insurance and amitorization, are the main issues.  Solve that, and it IS easily solved...Gov't insures for catastrophe (as if it doesn't indirectly anyways), and a mere change in the rate of amitorization (a simple law).

Also as many have stated, many of the japanese plants having trouble are either a) are of older and less safe designs, B) some have known faults, C) built near faults and the sea which is about the worst thing that can happen [who thought this was a good idea]? What dumbasses.

The future of Nuclear power is much safer, however if put ANYTHING right on/near a faultline, how could it be safe? Daycare or Nuclear power.  The structure can't be expected to survive, especially when place next to an ocean.  People have to understand the limits of things.  It is pure hubris to put a nuclear plant next to a sea, which is next to a major faultline. One thing is for damn sure. If something can be seen coming, someone on the news will say, 'who could of seen it coming'.  Obviously not the journalists.

I just wish the engineers in Japan had all the info available, sadly I'm sure they do not.  Spheroids might not matter if you can't get water in, but still they should be aware of the 7-10x heat dissapation improvement as opposed to simply water or other coolant. It only takes a couple of days to design and implement it. (that is if the person isn't a dumbass)

Old design + known flaws + earthquake zone + tsunami = about the worst the nuclear industry could suffer from, and most of it, is unlikely to be repeated, if sane people are allowed to act.  Of course, we can only be sure by shutting down the plants with similar flaws, similar disaster locations, etc.  That has to be done, but not at the expense of not licensing much safer ones, in safer areas.  We can't be scared, but must be prudent.  Sadly, like everything else, if we don't wisen up quickly, we'll make the idiot decision, like we have pretty much exclusively my entire life (and I've noticed the whole fucking time).

But building them in safer areas, with much better tech, different fuels, etc is a completely different beast.  Too bad the mainstream media will paint all nuclear reactors as bascially the same (or harp on it for an hour with perhaps two seconds every other day that one person might say one short thing about old, flaws, rare earthquake, rarer about black swan).  Again, if most people just realized that nuclear power plants were glorified steam power plants, it would be much easier to understand that the key is being able to properly separate and cool the materials.  Older reactors, didn't do a very good job of it design wise.  Newer designs are much better and safer, and no doubt will find improvements based on this disaster unfolding before us. 

We have to be real about this, WWIII over oil would equivocate to how many nuclear plants going haywire?  (wind/solar is a junk boondoggle waste), and no one wants to fund fusion.  (and if the bahrain-ians have anything to say about it, we may find out that question soon if half of saudi's oil is taken offline)

There's no graphite in these Japan nuclear reactors [the ones mentioned](what made chernoybl so bad), so hopefully the MOX or whatever that was listed yesterday, doesn't act in graphite's stead.  But who knows, we'll find out, I'm sure of it.  Why did they need this? Who decided to make things potentially far worse? For what benefit? more electricity generated? how much? 2 percent? for 1000x risk?

Of course, through all of this, a manhattan style fusion program must be undertaken, so that by the end of the life cycle of today's generation's of plants are scheduled to come offline in a few decades, we'll actually have something to replace it.

Gas isn't our future, wind/solar isn't....only nuclear until fusion.  If we fuck ourselves out of nuclear (because of idiocy), and won't do fusion, we fuck ourselves out of any chance to be #winners. Which would be a charlie sheen shame.


Mon, 03/14/2011 - 10:32 | 1050094 dearth vader
dearth vader's picture

A 9.5 in the EU?

That's not Richter, but alcohol per mille.

Mon, 03/14/2011 - 10:11 | 1050017 bmusic
bmusic's picture

Neither does Japan.  They will replace nuclear with nuclear, it will be generations newer than these old plant and much, much safer.

Mon, 03/14/2011 - 09:37 | 1049899 Tense INDIAN
Tense INDIAN's picture

i just wonder with those kind of Hydrogen Explosions , whos standing there to take stock of the situation

Mon, 03/14/2011 - 09:37 | 1049901 Spartan
Spartan's picture

Switzerland has already today suspended license applications for new nuclear power plants.


Power, Gas and Carbon prices across Europe going parabolic.

Mon, 03/14/2011 - 09:36 | 1049905 lizzy36
lizzy36's picture


Of course the wise Obama has already made his bets on "battery" (read gm and ge).

Talk about being on the wrong side of the trade AGAIN.

What was that "change you can believe in" and "winning the future"....WTF?

Mon, 03/14/2011 - 09:46 | 1049931 Crummy
Crummy's picture

I think US involvement in Afghanistan and it's continuing pressure on Pakistan over the IPI pipeline from Iran make it pretty clear about where the US is placing its long bets.

Mon, 03/14/2011 - 09:36 | 1049908 John McCloy
John McCloy's picture

  Someone was telling my yesterday shorting Shaw would be dangergous..anyway it just gapped down 20% crikey.

Mon, 03/14/2011 - 09:38 | 1049912 morph
morph's picture

A stupid knee jerk reaction. When was the last time you saw an earthquake of magnitude in France?


Mon, 03/14/2011 - 09:43 | 1049921 Mad Max
Mad Max's picture

When was the last time that major decisions on national energy policy were made rationally and for the good of the general public?

Mon, 03/14/2011 - 09:53 | 1049962 docj
docj's picture

3-words: Three Mile Island.

That one had it all - panic, irrationality, totally blown-out-of-proportions response, knee-jerk national policy decisions, screwed the general public.

Mon, 03/14/2011 - 10:07 | 1050003 Real Estate Geek
Real Estate Geek's picture

And don't forget the exquisitely-timed release of The China Syndrome, only two weeks before TMI.

Mon, 03/14/2011 - 10:21 | 1050039 docj
docj's picture

Indeed! Proof-positive that God has a wonderful, and sometimes nasty, sense of humor.

Mon, 03/14/2011 - 09:44 | 1049922 G-R-U-N-T
G-R-U-N-T's picture

Indeed! Unreasonable actions could come out of this big time!

Mon, 03/14/2011 - 09:44 | 1049923 cossack55
cossack55's picture

1789-1815, 1870, 1914-18, 1940-45, and when Johnnie Depp moved to Paris. 

Mon, 03/14/2011 - 09:50 | 1049945 Spartan
Spartan's picture

Thats not the point...the fact is that politically support was on a knife edge before this crisis, in Switzerland there is no chance that in local referendums locals would approve a Nuclear Plant now, you won't be able to "buy" them off now. With plants due to go off line from 2019 the government will need to look at alternatives (i.e. Gas) changes everything.


"Switzerland is considered at a low to moderate risk of earthquakes. Experts believe an earthquake of magnitude 6 could be expected around once a century and a destructive powerful quake of magnitude 7 only once every 1,000 years." - So its a risk to consider.

Mon, 03/14/2011 - 10:02 | 1049983 jus_lite_reading
jus_lite_reading's picture

There was a 3.9 today in Portugaul? And a smaller one around 2.2 in Spain? Not confirmed, just heard it from a friend on the phone. Exceptionally rare supposedly.

Mon, 03/14/2011 - 10:23 | 1050053 ColonelCooper
ColonelCooper's picture

Not showing up on the map.

Mon, 03/14/2011 - 10:31 | 1050087 Oh regional Indian
Oh regional Indian's picture

isn't that interesting Juslite.

On another thread a few hours ago, I said they must shut down (everywhere) and has the usual band of folks coem out and call me a fool.

As for Europe and earthquakes, try this, from January 5th this year, suddenly looking a little, shall we say, pre-scient.

Nothing is safe anymore. Uncertain world meets population used to a degree of certainity.



Mon, 03/14/2011 - 11:14 | 1050193 velobabe
velobabe's picture

ORI, how many names do you have? i have one more for you. the pre dict or. you are very calm in nature to have instincts such as you have. i am not a predictor, just a watc her.

Mon, 03/14/2011 - 11:44 | 1050338 Ident 7777 economy
Ident 7777 economy's picture

On another thread a few hours ago, I said they must shut down (everywhere) and has the usual band of folks coem out and call me a fool.

- - - - - - - - - - - - -

Well, yes.


Luddite might work too.



Mon, 03/14/2011 - 10:40 | 1050108 Flakmeister
Flakmeister's picture

Lisbon has been whacked in the past:

A mega-thrust of similar magnitude to Sendai....

Mon, 03/14/2011 - 09:39 | 1049913 Thunder Dome
Thunder Dome's picture

Just picked up more CCJ at 29.05.

Mon, 03/14/2011 - 10:42 | 1050109 Flakmeister
Flakmeister's picture

Good move, my hands are strong and I have nibbled on some more. The fundamental underlying demand for U has not changed.

Mon, 03/14/2011 - 09:43 | 1049917 overmedicatedun...
overmedicatedundersexed's picture

this will kill the electric car,.,.the newest large user of electric power grid, which cannot use coal, oil, nat gas or nuke stations to fill the need for more power.

seems like buggy whips and buggy makers are going into a boom..ride em cowboys.

Mon, 03/14/2011 - 09:45 | 1049932 cossack55
cossack55's picture

Where the hell is the air car.  Been waiting for India to start shipping. My $4,000.00 is burning a hole in my "buy guns" pocket.

Mon, 03/14/2011 - 11:07 | 1050148 falak pema
falak pema's picture

they say electric cars will run on perma electromagnetic fields devices. Some interesting videos of "free magnetic energy" on the NET. As for wind keep your eyes open for Kitegen project from Italy. Protype on the make.

Mon, 03/14/2011 - 11:40 | 1050326 Ident 7777 economy
Ident 7777 economy's picture

" free magnetic energy "

- - - - - - - - -

Uh-huh ...

Mon, 03/14/2011 - 13:06 | 1050807 falak pema
falak pema's picture

well bill gates seems to believe in it.

Mon, 03/14/2011 - 13:11 | 1050826 Flakmeister
Flakmeister's picture

Check out Gates exposure to ethanol....he was a big investorin PEIX, IIRC

Mon, 03/14/2011 - 09:44 | 1049920 Sudden Debt
Sudden Debt's picture

A little bit of radiation never hurt anybody.


I might even say IT'S GOOD FOR YOU!!






Mon, 03/14/2011 - 10:05 | 1050001 Blankman
Blankman's picture

and your hair away, and your toenails away, and your skin away, and your teeth away, and ....

Mon, 03/14/2011 - 09:45 | 1049925 Billy Shears
Billy Shears's picture

Peak Oil, Bitchez!

Nuclear power is on the rise, not the decline. Don't be confused...exponential consumption of natural resources like coal, oil and other hydrocarbons means there is only another generation (at best) left of supply (@ 7% growth). Base load requirements, necessitate, a substitute such as atom power; without it the modern world as we know it would come to a grinding halt. So, don your radiation suit and grab your Gieger counters we are just getting started and no tsunami induced, nuclear catastrophe, however tragic and unfortunate is going to change the facts on/under the ground.

Mon, 03/14/2011 - 09:46 | 1049934 Oso
Oso's picture

this is so stupid.  number 1 is 40 yrs old and was supposed to be decommissioned in February.  Reactors today are designed completely differently.  AND, most are not located in seismically active areas.

Mon, 03/14/2011 - 10:31 | 1050091 BorisTheBlade
BorisTheBlade's picture

It's already been closed down. From the top of this list, Lithuania went directly to the bottom:

In line with the Lithuanian authorities' commitment towards the EU, on 31 December 2009 the second and last operating block of the Ignalina power plant was closed down. Overnight Lithuania turned from an exporter to an importer of electric energy. Ignalina's decommissioning did not trigger shortages of energy. It did, however, cause an increase in energy prices.

Mon, 03/14/2011 - 09:47 | 1049936 william the bastard
william the bastard's picture

The top 10 aren't exactly "ring of fire" locations if you excuse World War II.

Mon, 03/14/2011 - 09:52 | 1049959 Josephine29
Josephine29's picture

I think you are wise to raise this issue Tyler and I am sure there will be ever more voices worried about the actual safety of nuclear power. As notayesmanseconomics put it today.

Those who remember the recent discussion on here on this subject which put more formally I was taught as the “serially uncorrelated error term” will have food for thought this morning. Reactors built in the 1970s are being affected by what we are told is a one in a thousand year event. However in practice this event took less than 40 years! If the reactors had lasted a thousand years how many such events would occur?

Mon, 03/14/2011 - 09:57 | 1049969 Oh regional Indian
Oh regional Indian's picture

It's not really a backlash. It's a blow-out. Of epic proportions. trust Nuclear power?

How many people here know that all that clean nuclear power was at the expense of tons of spent fuel, in think skinned vessels, was beign dumped off the coast of Somalia?

That is the cheapness and cleanliness of it.

Madness. Power-madness. At such terrible cost (like the current Japanese situation), yet the lesson will go unlearned. Because we are all power junkies.

india is all agog with Westinghouse and GE pitching new, efficient, clean nuclear power!


Mon, 03/14/2011 - 11:24 | 1050236 Boiling Frogs
Boiling Frogs's picture

Relaaax. At least some of that tonnage was diverted elsewhere in the form depleted uranium. Instead of dumping all of it off the coast of Africa, this portion of spent fuel is being spread all over Central Asia with each incendiary, armor piercing projectile we use. Ironically, whilst contaminating the ME with DU, the MIC is simultaneously sterilizing the warrior class while they're still in their reproductive prime.

Mon, 03/14/2011 - 10:02 | 1049982 Josh Randall
Josh Randall's picture

The "New" Tokyo Rose/Baghdad Bob misinformation campaign is stunning already. I would take that chart and amp it up by 100x's 

Mon, 03/14/2011 - 10:04 | 1049990 dickbar
dickbar's picture

the bottom line on nuclear is that China have come out and said they're unched... it doesn't matter a flying f'ck if Switzerland might postpone building 2 reactors or Germany symbolically puts their program on hold... the Chinese and Indians don't have to pander to the same retards in their press and their populace.... they understand full well the only way forward is nuclear....  and they're not taking their feet off the gas. Germany and Switz are a drop in the ocean...                                                                                                                                      both countries have come out and said they're hunting for uranium acquisitions.... they now have a 20% discount staring them in the face.... it's idiotic pieces like this that make beautiful buying ops for people like me...

Mon, 03/14/2011 - 10:13 | 1050019 BigJim
BigJim's picture

Yes. And China doesn't get earthquakes. And their safety record and general standards of engineering are exemplary.

Count me in!

Mon, 03/14/2011 - 10:05 | 1049998 kapillar
kapillar's picture

Nuklear power is just another form plundering ..., err, of privatizing taxpayer's money. If the whole process from mining to "disposal" wasn't heavily subsidized by governments all over the world, no one in his right mind would run a nuklear power plant.

Mon, 03/14/2011 - 10:34 | 1050098 ImNotExposed
ImNotExposed's picture

I read an article by a nuke proponent, mind you, that concluded what with the mining, refining, transportation, etc, uranium reactors represent a negative ROE.

Mon, 03/14/2011 - 10:43 | 1050113 Flakmeister
Flakmeister's picture

I call bullshit...

Mon, 03/14/2011 - 11:20 | 1050211 kapillar
kapillar's picture

Whale bull shit.

Mon, 03/14/2011 - 10:05 | 1050002 Long-John-Silver
Long-John-Silver's picture

There are two options for nuclear power plants. Huge centralized power stations we have now and small power plants such as the type used in Submarines and Aircraft Carriers.  When these nuclear power plant choices were being made General Electric wanted to be in the business of building huge centralized power plants simply because it would be easy to eliminate any competition because no one could afford to compete with them. Most any company could compete for the small portable nuclear power stations. Japan  should eliminate the construction of any future huge centralized nuclear power station. New nuclear power stations can be built the same size as a standard rail road car and can be carried by rail to and from it's connection to the grid. The reactors  in these stations are tiny and so are infinitely safer that the huge mass of a typical power plant. These small systems can be standardized and mass produced in small facilities. As all parts would be standardized (unlike large systems that are hand built individually at high cost) making production, inspection, and operation much less costly. When a power unit needs maintenance or inspection it's disconnected from the grid and it's control system. Another power unit in rolled in and connected in it's place. This could be done with the replacement coming back on-line in just an hour or so.

Mon, 03/14/2011 - 10:13 | 1050015 Real Estate Geek
Real Estate Geek's picture

How are these small plants cooled?  Is their supply of coolant dependent on the idiots running our local water departments?

Mon, 03/14/2011 - 10:25 | 1050058 docj
docj's picture

Plenty of rivers and lakes in the US that could supply plenty of cooling water.  The biggest problem with the small reactor concept (which is something I strongly favor and believe will eventually happen, even in the US) is that your NIMBY battles multiply geometrically. The NIMBY problem is bad enough when you're building one nuke site in, say, a county sized-area.  Now take that problem and multiply it by every single town in said county.

Mon, 03/14/2011 - 10:28 | 1050069 Long-John-Silver
Long-John-Silver's picture

When the rolling black-outs start because the refuse to take one.....

Mon, 03/14/2011 - 10:32 | 1050093 docj
docj's picture

I hear you - which is why I think the "mini-nuke" concept will catch-on eventually.  Probably start in places like TX and the mid-west and spread from there.  Alas, my home state (The Peoples' Republic of Massachusetts) will be one of the last to get on board.

Mon, 03/14/2011 - 13:02 | 1050788 docj
docj's picture

Heh - someone is a big fan of NIMBYs, evidently.

Mon, 03/14/2011 - 10:26 | 1050065 Long-John-Silver
Long-John-Silver's picture

Air cooled via a cooling tower such as this one.

No dependence on local water systems. I do know of one small system in Siberia that uses the adjoining community to dissipate it's heat by providing free heat and hot water to homes in the community during winter.

Mon, 03/14/2011 - 10:31 | 1050085 ImNotExposed
ImNotExposed's picture

NuScale Power has a design that's passively cooled. Too bad their primary investor is under some sort of SEC action, which has caused NuScale to curtail operations. Funny how the SEC can practically un-fund a company that challenges big oil and GE, but can't go after the most obvious super-villains in the history of the world. I'm hoping that the wakeup call from Japan is enough for NuScale to get some new funding.

Mon, 03/14/2011 - 11:18 | 1050204 Confuchius
Confuchius's picture


All you say is true, and you can add Thorium reactors to the mix.

The design problem for a big reactor (GE) is that there is no way even theoretically to design a fail safe cooling system which is guaranteed to keep working during a Richter 9 or 10 earthquake.

It's like the minor fault Airbus Industrie has with the carbon fiber vertical fins which have a problem staying attached to the rest of the aircraft; which ends up with the plane & all aboard resting comfortably at the bottom of the South Atlantic.

Very difficult to design for...

Mon, 03/14/2011 - 10:16 | 1050033 ivars
ivars's picture

Old data. Lithuanian plant was shut down in end of 2009, due to pressure from EU and part as agreement of entering EU as it was old Soviet type reactor. 

So now Lithuanias dependence on domestic nuclear is 0.

Pls . correct.





Mon, 03/14/2011 - 10:18 | 1050040 MrBoompi
MrBoompi's picture

Agreed, but NG is not as easily transported as oil, at least not over oceans. Liquified NG is progressing, but I assume this consumes a lot of energy to compress the gas. We may have hit peak oil, but I don't think we've come anywhere close to hitting peak gas.

Onr reason I was not all that excited anout T Boone Pickens idea of running our transportation fleet on NG is that as soon as we start putting these trucks on the road my heating bills will double or triple, if not sooner knowing the way speculation works.

Mon, 03/14/2011 - 10:20 | 1050045 MrBoompi
MrBoompi's picture

Agreed, but NG is not as easily transported as oil, at least not over oceans. Liquified NG is progressing, but I assume this consumes a lot of energy to compress the gas. We may have hit peak oil, but I don't think we've come anywhere close to hitting peak gas.

Onr reason I was not all that excited anout T Boone Pickens idea of running our transportation fleet on NG is that as soon as we start putting these trucks on the road my heating bills will double or triple, if not sooner knowing the way speculation works.

Mon, 03/14/2011 - 10:22 | 1050049 unionbroker
unionbroker's picture

Cameco down 17%

Mon, 03/14/2011 - 11:23 | 1050223 Flakmeister
Flakmeister's picture

BTFD with 1/2 of your funds you are willing to commit...

Mon, 03/14/2011 - 10:22 | 1050050 MrBoompi
MrBoompi's picture

Sorry about the multiple posts. Seems to be a snag in the tubes this morning.

Mon, 03/14/2011 - 10:30 | 1050080 Long-John-Silver
Long-John-Silver's picture

I've noticed multiple postings happen when the server hosting this service hiccups.

Mon, 03/14/2011 - 10:29 | 1050075 slewie the pi-rat
slewie the pi-rat's picture

the dif-fusion of nuculer prop-a-ga-nanda is now melting to its rotten core.  too fuking bad that many AMERICANS didn't buy the utter bullshit that safe disposal of waste was TBA, any day, by the barney franks, doe-eyed pelosi's, doddering dodds, and presidents with graduate degrees and IQ's below 75. 

what they did accomplish, from their collapsing orbits of power, was the complete bondage of blind Justice, tied and spead open upon the witness stand, serially ass-fuked by the pols and their True Constituents:  the mafiosa, the bansteratti, and all the tin soldiers, sailors, airmen, and marines, proudly displaying their awards as Heroes in the War On Intelligent Thought.

any questions?  just ask someone whom you trust and who is rich, and free enuf to "help".  oprah comes to mind...

Mon, 03/14/2011 - 10:51 | 1050136 slewie the pi-rat
slewie the pi-rat's picture

the japanese nuculer and electro-geniuses, who, as the Kingston Trio reminds us were "educated" in our "country, at UCRA..." seem to have left much of the waste right there at the same sites which are now m/l out of "control".  so we are now being treated to the Real Time incineration of said waste along with its copius milligrams of PLUTONIUM. 

hey tyler!  slewie is tapioca and, uh, free, but here's his "Four Horsemen" trade for the week:  short the living shit outa Hawaiian REITs:  American Assets, and jay shidler's  Pacific Office Properties Trust (ASE symbol PCE) seem almost too obvious as holders of "decaying" assets.

Mon, 03/14/2011 - 10:29 | 1050076 Ben Chowd
Ben Chowd's picture

Iran is also prone to earthquakes and guess what, they are building one too. I wonder if it's also on a fault line.

Mon, 03/14/2011 - 11:18 | 1050199 Flakmeister
Flakmeister's picture

It appears that the Earthquake per se is not the cause of the Japanese problems, the Tsunami, on the other hand...

Mon, 03/14/2011 - 10:52 | 1050138 Flakmeister
Flakmeister's picture

Face it, our civilization is at a energy crossroads and all paths are fraught with peril....

While I am not downplaying the potential hazards of nuclear power, compared to its main competition, coal, it is comparively safe. Google up the direct fatalities from coal mining, not to mention the release of radiation and heavy metals into our environment from mining and burning. Coal fly ash is nasty shit. I won't even bring into the equation the debate over AGW.

As a species we seem to be able to rationalize and ignore the slow lingering effects of coal versus any sudden sharp impact from something like nuclear. It has to do with the bizzare way that humans discount the future.

Mon, 03/14/2011 - 11:17 | 1050198 slewie the pi-rat
slewie the pi-rat's picture

hey flakmeister!  nuculer v. coal as "species thought"?

what is yer monthly gas & elec. bill?  mine is $18.  in 4 years, i've had my heater on 3 times.

how much do you spend at the gas station each year?  about $150-200/yr., here.

i spend "freely" on my bikes, the fuel for which goes directly into my pie hole; the resultant "energy" allows me to travel within a 25-mile radius of home quite freely, often looking like a clown in a rubber suit.  but the "discomfort" is no worse than an average morning of Basic Training, and my County Clinic GP doctor is usually a bit bored when i show up for my annual "how fuking styoopid is allopathic medicine" comedic routine.

so, dude, how do you roll?  huh?


Mon, 03/14/2011 - 11:20 | 1050214 Flakmeister
Flakmeister's picture

Good for you... you are in a small minority and you clearly don't live in harsh climate. I had my driving down to 1500 miles a year till recently.

Mon, 03/14/2011 - 11:24 | 1050228 Ident 7777 economy
Ident 7777 economy's picture

what is yer monthly gas & elec. bill? mine is $18. 

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Proof living like a rat has its advantages ...



Mon, 03/14/2011 - 12:01 | 1050437 slewie the pi-rat
slewie the pi-rat's picture

i hope it takes one to know one! 

i do have some bizzare ritualz,, and F-meister, too: 

when i'm freezing my ugly little tail off in the winter, i take a super-hot bath in my "normal" tub.  sweat city.  then, i get out and put on two robes, one hooded, and nice warm socks and sweat pants, for the true apres sweat lodge slow cool-down.  my tootsies get rolled in a bath mat with a small heating pad, set on "lo".  then, i like to call my gf, msZ, who lives so far away that i have only met her once, and tell her that i feel like a balzac character, with my feet resting upon 110 volt virtual firedogs. 

and i leave the hot water in the tub, of course.  takes a bit of the chill off my 700 sq. ft. 1BR castle of rastfarian solitude.

then, i'll have some nice sri lanka black tea and maybe a 12 oz. "tube" of frozen pineapple juice which is just like sorbet, only cheaper and maybe even better for me, too.  better go see if they still have it @ 4-for-$5, today.  hawaiian pineapples may not be too freaking healthy in another week or two, and slewie may be glowing in the dark, too!

how many rem's could a re-man remedy if a re-man could remedy rems?

Mon, 03/14/2011 - 12:25 | 1050579 QQQBall
QQQBall's picture

Dude, just turn the fucking heater on and get in your car and TURN THE FUCKING heater on and save all the warm tootsie bullshit for your boyfriend.

Mon, 03/14/2011 - 11:12 | 1050183 falak pema
falak pema's picture

kitegen caroussel prototype. "High altitude wind power" article by Ugo Bardi in Oil drum of july 13, 2009. Sorry, I can't seem to stick the thread in here.

Mon, 03/14/2011 - 11:22 | 1050217 Ident 7777 economy
Ident 7777 economy's picture

" High altitude wind power "

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All fun and games until your first thunderstorm/mesocyclone complex moves through ...



Mon, 03/14/2011 - 13:49 | 1051026 falak pema
falak pema's picture

Not if the individual size of units are small.... 50-100 MW range and well distributed around the country. Renewable wind/solar/wave gen. cumulative power has to be counter balanced by other (nuclear/gas/coal/hydraulic) for it to be efficient and flexible. But it could be 25-50% over time of the mix until we make it more sustainable/constant/cost effective. Not bad for a thirty year planning horizon!

Mon, 03/14/2011 - 11:31 | 1050271 Spartan
Spartan's picture

Germany has just imposed a 3 month suspension on the decision to extend the life of its old Nuclear Power Plants.


German Power prices surging higher now towards the close. Not going to help the "recovery" much now that European Power policy is in tatters.

Mon, 03/14/2011 - 12:40 | 1050659 dondonsurvelo
dondonsurvelo's picture

Total fear mongering by anti nuke media.  Yes there are and will be some problems but nothing like Chernobyl.  I find it interesting that the 160 people exposed to radiation are more important than the thousands exposed to starvation, hypothermia and wound infection.  How you suffer should not be differentiated by an agenda.  Nuclear power is here to stay and China and India could give a crap about our media trying to destroy the nuclear industry. 

Mon, 03/14/2011 - 13:45 | 1051009 Flakmeister
Mon, 03/14/2011 - 16:34 | 1051862 gall batter
gall batter's picture

Article by Greg Palast:


I don't know the law in Japan, so I can't tell you if Tokyo Electric Power Co (TEPCO) can plead insanity to the homicides about to happen.

But what will Obama plead?  The Administration, just months ago, asked Congress to provide a $4 billion loan guarantee for two new nuclear reactors to be built and operated on the Gulf Coast of Texas - by Tokyo Electric Power and local partners.  As if the Gulf hasn't suffered enough.

Here are the facts about Tokyo Electric and the industry you haven't heard on CNN:

The failure of emergency systems at Japan's nuclear plants comes as no surprise to those of us who have worked in the field.

Nuclear plants the world over must be certified for what is called "SQ" or "Seismic Qualification."  That is, the owners swear that all components are designed for the maximum conceivable shaking event, be it from an earthquake or an exploding Christmas card from Al Qaeda.

The most inexpensive way to meet your SQ is to lie.  The industry does it all the time. The government team I worked with caught them once, in 1988, at the Shoreham plant in New York.  Correcting the SQ problem at Shoreham would have cost a cool billion, so engineers were told to change the tests from 'failed' to 'passed.'

The company that put in the false safety report?  Stone & Webster, now the nuclear unit of Shaw Construction which will work with Tokyo Electric to build the Texas plant, Lord help us.

There's more.

Last night I heard CNN reporters repeat the official line that the tsunami disabled the pumps needed to cool the reactors, implying that water unexpectedly got into the diesel generators that run the pumps.

These safety back-up systems are the 'EDGs' in nuke-speak: Emergency Diesel Generators.  That they didn't work in an emergency is like a fire department telling us they couldn't save a building because "it was on fire."

What dim bulbs designed this system?  One of the reactors dancing with death at Fukushima Station 1 was built by Toshiba.  Toshiba was also an architect of the emergency diesel system.

Now be afraid. Obama's $4 billion bail-out-in-the-making is called the South Texas Project.  It's been sold as a red-white-and-blue way to make power domestically with a reactor from Westinghouse, a great American brand.  However, the reactor will be made substantially in Japan by the company that bought the US brand name, Westinghouse - Toshiba.

I once had a Toshiba computer.  I only had to send it in once for warranty work.  However, it's kind of hard to mail back a reactor with the warranty slip inside the box if the fuel rods are melted and sinking halfway to the earth's core.

TEPCO and Toshiba don't know what my son learned in 8th grade science class: tsunamis follow Pacific Rim earthquakes. So these companies are real stupid, eh?  Maybe.  More likely is that the diesels and related systems wouldn't have worked on a fine, dry afternoon.

Back in the day, when we checked the emergency back-up diesels in America, a mind-blowing number flunked.  At the New York nuke, for example, the builders swore under oath that their three diesel engines were ready for an emergency. They'd been tested.  The tests were faked, the diesels run for just a short time at low speed.  When the diesels were put through a real test under emergency-like conditions, the crankshaft on the first one snapped in about an hour, then the second and third.  We nicknamed the diesels, "Snap, Crackle and Pop."

(Note:  Moments after I wrote that sentence, word came that two of three diesels failed at the Tokai Station as well.)

In the US, we supposedly fixed our diesels after much complaining by the industry. But in Japan, no one tells Tokyo Electric to do anything the Emperor of Electricity doesn't want to do.

I get lots of confidential notes from nuclear industry insiders.  One engineer, a big name in the field, is especially concerned that Obama waved the come-hither check to Toshiba and Tokyo Electric to lure them to America.  The US has a long history of whistleblowers willing to put themselves on the line to save the public. In our racketeering case in New York, the government only found out about the seismic test fraud because two courageous engineers, Gordon Dick and John Daly, gave our team the documentary evidence.

In Japan, it's simply not done.  The culture does not allow the salary-men, who work all their their lives for one company, to drop the dime.

Not that US law is a wondrous shield:  both engineers in the New York case were fired and blacklisted by the industry.  Nevertheless, the government (local, state, federal) brought civil racketeering charges against the builders. The jury didn't buy the corporation's excuses and, in the end, the plant was, thankfully, dismantled.

Am I on some kind of xenophobic anti-Nippon crusade?  No.  In fact, I'm far more frightened by the American operators in the South Texas nuclear project, especially Shaw. Stone & Webster, now the Shaw nuclear division, was also the firm that conspired to fake the EDG tests in New York. (The company's other exploits have been exposed by their former consultant, John Perkins, in his book, Confessions of an Economic Hit Man.)
If the planet wants to shiver, consider this:  Toshiba and Shaw have recently signed a deal to become world-wide partners in the construction of nuclear stations.

The other characters involved at the South Texas Plant that Obama is backing should also give you the willies.  But as I'm in the middle of investigating the American partners, I'll save that for another day.

So, if we turned to America's own nuclear contractors, would we be safe?  Well, two of the melting Japanese reactors, including the one whose building blew sky high, were built by General Electric of the Good Old US of A.

After Texas, you're next.  The Obama Administration is planning a total of $56 billion in loans for nuclear reactors all over America.

And now, the homicides:

CNN is only interested in body counts, how many workers burnt by radiation, swept away or lost in the explosion.  These plants are now releasing radioactive steam into the atmosphere. Be skeptical about the statements that the "levels are not dangerous."  These are the same people who said these meltdowns could never happen.  Over years, not days, there may be a thousand people, two thousand, ten thousand who will suffer from cancers induced by this radiation.

In my New York investigation, I had the unhappy job of totaling up post-meltdown "morbidity" rates for the county government.   It would be irresponsible for me to estimate the number of cancer deaths that will occur from these releases without further information; but it is just plain criminal for the Tokyo Electric shoguns to say that these releases are not dangerous.  Indeed, the fact that residents near the Japanese nuclear plants were not issued iodine pills to keep at the ready shows TEPCO doesn't care who lives and who dies whether in Japan or the USA. The carcinogenic isotopes that are released at Fukushima are already floating to Seattle with effects we simply cannot measure.

Heaven help us.  Because Obama won't.


Mon, 03/14/2011 - 16:44 | 1051921 minus dog
minus dog's picture

"It will likely also see countries that have a substantial exposure to nuclear power plants be pressured to migrate to other sources of energy."

Don't be silly.  Nobody has new sources of energy to pull out of their asses.

Mon, 03/14/2011 - 21:29 | 1053054 trendybull459
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