American Lawmakers Warned of Emerging Nuclear Power
Market Risks and China’s Possible Domination
& Co. helped educate U.S. Senators and Members of Congress this week on
alternative nuclear technologies. Our findings are not encouraging for America’s
scientific or commercial nuclear industry leadership
Washington, D.C. January 27,
Cleantech analyst firm Kachan & Co. was among a number of voices in Washington
this week advocating American lawmakers support new safer, cleaner nuclear power
options in the face of growing Chinese enthusiasm for the technologies.
A consortium of nuclear power advocates is concluding a week of briefings today
with members of House and Senate energy committees from both sides of the aisle,
and members of the bipartisan U.S. Defense Energy Security Caucus. The group’s
message: There are safer, cleaner nuclear power options coming available, and
while many of them are being developed in America, they stand the best
likelihood of adoption and commercialization in China.
The consortium is led by the Thorium Energy Alliance, an American advocacy group
promoting the benefits of thorium-based nuclear power over today’s uranium, and
James Kennedy, president of ThREEConsulting, a consultant on rare earths and
thorium, promoting the development and integration of a U.S. rare earth
cooperative and separate thorium storage and industrial products company.
Lawmakers were given a letter from Dallas Kachan, Managing Partner of Kachan &
Co., a cleantech analysis firm that has published a study on new breakthroughs
in nuclear power technology. Titled Emerging Nuclear Innovations: Picking global
winners in a race to reinvent nuclear energy, the Kachan report was the result
of six months of international research.
“Our findings are not encouraging for America’s scientific or commercial nuclear
industry leadership,” wrote Kachan to Senators and Members of Congress. “Some of
these technologies are being developed by American companies. But none stand the
chance of being trialed or adopted in the U.S. given the country’s current
“The Japanese plant failures underscored the need for new, safer types of
nuclear power that have been quietly in gestation for years. For instance,
plants that don’t rely on uranium, and/or that are much smaller in scale, or
that don’t produce weaponizable byproducts. Or that are capable of consuming
today’s vast stores of plutonium waste. Or that are based on reactions that
can’t possibly melt down or explode in the face of natural disasters or
terrorist attack,” wrote Kachan. (The full text of the Kachan letter is
Systems with those benefits are actively being developed, according to the
“Thorium-based systems, originally developed in the U.S., offer the promise of
operational safety, proliferation security and near zero nuclear waste,” said
John Kutsch, Director of the Thorium Energy Alliance, a longtime advocate of
“The Kachan report rings the alarm bell for the Western world,” said James
Kennedy of ThREEConsulting. “China is quickly establishing global primacy in
nuclear energy, including a much safer, U.S.-developed system: The thorium
molten salt reactor. China already controls rare earth resources on a global
basis and is about to do the same with energy.”
About Kachan & Co.
Kachan & Co. is a cleantech research and advisory firm with offices in San
Francisco, Toronto and Vancouver. The company publishes research on clean
technology companies and future trends, offers consulting services to large
corporations, governments and cleantech vendors, and connects cleantech
companies with investors through its Hello Cleantech™ and Northern Cleantech
Showcase™ programs. Kachan staff have been covering, publishing about and
helping propel clean technology since 2006. For more information, visit http://www.kachan.com.
About the Thorium Energy Alliance
The Thorium Energy Alliance is a U.S. 501(c)3 educational advocacy organization.
It is a nonprofit group of engineers, scientists, and concerned citizens
interested in reducing the cost of energy and protecting the health of the
planet and the future of the race by laying the foundation for thorium-based
energy. One of its goals is to restart a thorium molten salt reactor program and
the infrastructure behind it. It is holding a thorium conference in Chicago on
May 31st, 2012. For more information, visit http://thoriumenergyalliance.com.
For more information, or to schedule an interview, contact:
Lucia Siplakova, Kachan & Co.
+1-415-390-2080 x6 office
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