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The Warp Effect: WSJ on Buffett, Constellation and the Fate of the EPR
Posted on September 26, 2008
The Wall Street Journal has a story about Warren Buffett's pending purchase of Constellation Energy and, particularly from our point of view, its UniStar subsidiary, a nuclear consortia that includes Electricite de France, AREVA and Bechtel.The WSJ has no idea how Buffett might proceed with its Unistar subsidiary:On Thursday, MidAmerican chief executive Greg Abel sounded more enthusiastic about the technology, saying we're committed to new nuclear. But:Mr. Buffett's sudden emergence raises questions about whether nuclear development, in general, has viability, according to Paul Patterson, hea...
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