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Why is Bill Gates selling nuclear tech to China?

33 pointsby nickolaiover 13 years ago

7 comments

jonnathansonover 13 years ago
Because Bill Gates realizes that China is the world's largest consumer of energy, and its share of total global energy consumption will continue to rise in the coming decades. It is the biggest and most lucrative market for a nuclear technology startup's products and services. (Comparatively, the U.S. is very slow and/or unwilling to invest heavily in nuclear power).<p>On a "greater good" level: China's enormous fossil fuel appetite can have disastrous environmental and economic consequences, and the depletion of resources could lead to regional or even global conflicts -- whether cold or hot -- in the not-too-distant future. (Many wars are, at their most basic level, contests over the division of scarce resources). So, if we don't help China develop alternatives to fossil fuels, the world loses in a big way. Oil prices spike, economies reel, and the environment takes it in the backside.<p>I'm not naive enough to assume that the "greater good" argument is at the heart of what Bill Gates is doing. It's not. It's a nice consequence, but the goal here is profit. And it stands to reason that Gates and his startup will go where the profit is. If the U.S. was the buyer, they'd just as soon sell to the U.S.<p>Finally, the headline of the article is a bit sensationalist. The way it's phrased, it gives the immediate, emotional impression that Gates is selling or developing nuclear <i>weapons</i> technology to China. That is obviously not the case, but it's what many people would infer, even if subconsciously, when they see the phrase "selling nuclear technology to China."
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johnoharaover 13 years ago
Time to come up to speed on TerraPower:<p><a href="http://www.terrapower.com/Technology/TravelingWaveReactor.aspx" rel="nofollow">http://www.terrapower.com/Technology/TravelingWaveReactor.as...</a><p><a href="http://www.terrapower.com/WhoWeAre.aspx" rel="nofollow">http://www.terrapower.com/WhoWeAre.aspx</a><p>Local power solutions garnered recognition a few years back, riding the coat tails of the housing boom. Paying $50,000 for a home power plant seemed reasonable. At least Toshiba thought so:<p><a href="http://www.toshiba.co.jp/csr/en/highlight/2005/fuelcell.htm" rel="nofollow">http://www.toshiba.co.jp/csr/en/highlight/2005/fuelcell.htm</a><p>The events of 2008 may have changed the discussion but the idea still has merit.<p>Edit: fixed link
king_magicover 13 years ago
Good for Bill Gates. It is very sad that this is not happening first in the US. Pretty depressing, actually.
zhtover 13 years ago
Long story short.<p>It's easier to get things done in China in certain areas because the government there is more receptive and willing to provide funding. While their system of governance isn't perfect there's no opposition party screaming at them about socialism or government spending.
Rickasaurusover 13 years ago
Why not go for a less provocative title: Bill Gates, Arms Dealer or Communist? You Decide.
JoeAltmaierover 13 years ago
Because they are not our enemy? And the US has enormous obstacles to adopting any new nuclear technology.
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tlearover 13 years ago
So how will terra power prevent their technology from being stolen and local competitor sponsored by the gov used to drive them out of the market?