Nuclear

While data shows that the world is on track to build about 240 new nuclear reactors by 2030 -- about ten a year -- an embarrassing bottleneck could bedevil the renaissance.

Why?

Because there’s still only one steel plant in the world that can produce a key part of a nuclear reactor's containment vessel in a single 600-ton piece -- a must-have for staving off radiation leakage.

Problem is, reports Bloomberg in an exclusive story:

The new Lieberman-Warner climate bill has a string of supporters, but John McCain of Lieberman-McCain climate fame, is not among them. He’s not endorsing the bill because it’s not nuclear enough.

The nuclear industry has this amazing hand-out. It's a little card with a small plastic compartment. Inside is a fake nuclear fuel pellet, about the size of a peanut. The card says one pellet provides as much energy as 149 gallons of oil, 1,780 pounds of coal, or 17,000 cubic feet on natural gas. If things were only so simple. This story explains why it's not.