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Bill Gates promises to add his own billions if Congress does nuclear power push

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11–20 of 353 posts

Re: Bill Gates promises to add his own billions if Congress does nuclear power push

#11
post #10

Pushing for green energy and good deeds with the current administration makes me fear for the health of Bill Gates... is he running out of time and considering desperate options? ... now that I think about it, we all are running out of time ... :-( ...

... write to Congress, today!!...

Re: Bill Gates promises to add his own billions if Congress does nuclear power push

#12
Bad idea. We have plenty of much cheaper sources of green energy. And lets face it nuclear is far from green. Offshore wind energy is so successful that it is now negatively affecting solar as well as nuclear and fossil fuels. Furthermore, the greatest current innovation vis-a-vis energy is energy saving which is much cheaper than building new reactors.

I should add that there is such an energy glut in the world nowadays that companies that make turbines for nuclear/coal/gas plants are in dire financial straits. (See GE and to a lesser extent Siemens and Mitsubishi Heavy Industries).

What we need now is a good storage solution, or a flexible on demand power plant. Nuclear is very bad for both of these goals.

BTW Mr. Gates' offer is not that generous. He says if the tax payer puts billions of money in his company he will also put a billion of his money in his company. Well gee that is great for you but what does the taxpayer get out of it. What if a stranger comes up to you and says "Hey buddy, if you pay $5000 to fix my car, I will pay $1000 out of my own money to repaint it."

Re: Bill Gates promises to add his own billions if Congress does nuclear power push

#14
post #5

Wow! I hope his fusion push works out. I think he was working with that tokamak design from MIT last I checked. The design used a magnetic tape that was a new breakthrough, there is a youtube video explaining the details.

This isn’t about fusion, but fission. I would assume that Gates being a famously bright man, understands that none of us are seeing fusion power in our lifetimes. Of course Gates is backing an extremely challenging form of breeder reactor called a TWR. Still, any progress on nuclear at this point is good, and desperately needed.

Oh okay I thought Terra power was working on this magnetic tape thing

It's called ybco tape

Re: Bill Gates promises to add his own billions if Congress does nuclear power push

#15
post #13

Gates is worth ~$100B. The US federal budget is ~$4.1T per year. This is like asking someone with a 4 Gbps connection to transfer some files and offering to burn a single mini CD to help them.

I would rather say it's like helping someone with an already

Re: Bill Gates promises to add his own billions if Congress does nuclear power push

#16
post #13

Gates is worth ~$100B. The US federal budget is ~$4.1T per year. This is like asking someone with a 4 Gbps connection to transfer some files and offering to burn a single mini CD to help them.

> The US federal budget is ~$4.1T per year.

What is the current US federal budget for building or supporting nuclear energy infrastructure?

Re: Bill Gates promises to add his own billions if Congress does nuclear power push

#17
post #13

Gates is worth ~$100B. The US federal budget is ~$4.1T per year. This is like asking someone with a 4 Gbps connection to transfer some files and offering to burn a single mini CD to help them.

Why are you comparing something as specific as advanced nuclear power tech to the whole federal budget? 2 billion dollars is nothing to sneeze at. (not even considering the fact that Gates has been working on this since 2006, so there's considerable work that has been done)

Re: Bill Gates promises to add his own billions if Congress does nuclear power push

#18
post #13

Gates is worth ~$100B. The US federal budget is ~$4.1T per year. This is like asking someone with a 4 Gbps connection to transfer some files and offering to burn a single mini CD to help them.

What's the federal budge that gets reserved for next generation power infrastructure development?

Re: Bill Gates promises to add his own billions if Congress does nuclear power push

#19
post #10

Pushing for green energy and good deeds with the current administration makes me fear for the health of Bill Gates... is he running out of time and considering desperate options? ... now that I think about it, we all are running out of time ... :-( ...

Nuclear energy is spurned by many (most?) self-styled environmentalists. That alone could win it favor in this administration. If Republicans could be persuaded to "own" it and Democrats could be persuaded to go along with it, we might just wind up doing something good for the planet.

That's probably optimistic, but there's a lot more hope in that idea than in fighting a pitched battle about solar panels, China, and "clean coal" in the current political climate.

Re: Bill Gates promises to add his own billions if Congress does nuclear power push

#20
post #12

Bad idea. We have plenty of much cheaper sources of green energy. And lets face it nuclear is far from green. Offshore wind energy is so successful that it is now negatively affecting solar as well as nuclear and fossil fuels. Furthermore, the greatest current innovation vis-a-vis energy is energy saving which is much cheaper than building new reactors. I should add that there is such an energy glut in the world nowa…

> much cheaper sources of green energy

When people stop bragging about how many more jobs green energy creates than fossil fuels, I'll start believing that renewables are cheaper at scale.

> What we need now is a good storage solution

Collocate the new nuclear plants with facilities that (at high energy cost) recapture carbon into dense fuels.

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