The Uranium Thesis Is Carbon

Nuclear power generates no by product carbon. The incentive price for new uranium, which the world is going to need in two or three years, is more like 75 dollars a pound. If the price doesn't go up to cover the cost of production in six or seven years, the alternative is that the lights will go out. It must go up because it's the most affordable form of base load power in the world. Even in countries like the united states that pretend that they can afford to be stupid about power, 20 % of our base load power is nuclear.