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Saudi Arabia to spend $100bn on 16 nuclear plants | |
2011-12-09 | |
JEDDAH: Saudi Arabia will spend more than $100 billion to establish 16 nuclear energy plants in different parts of the country within the next few years, Commerce and Industry Minister Abdullah Zainal Alireza told a Saudi-US business forum in Atlanta.
"We have allocated $3 billion to produce solar energy panels in Jubail and Yanbu," he added. Alireza said Saudi imports from the US are expected to cross $95 billion or 23 percent of the total US exports to Arab countries by 2012. | |
Posted by:Steve White |
#7 Makes economic sense. Why burn $100/barrel oil when they can sell every bit they produce. Natural gas, if they have a surplus, is another matter. The question is where will the spent nuke fuel end up? |
Posted by: Slatle Bumble5851 2011-12-09 20:58 |
#6 If the Saudis build thorium cycle reactors, there would be no concern about weapons production. They are using more and more of their own oil production domestically while piling up US dollars that are rapidly depreciating. |
Posted by: Anguper Hupomosing9418 2011-12-09 13:40 |
#5 #4 that was a prescient thought. Back in the 50's I new a professor neighbor who wrote a book on the hollow moon. Now people believe the Earth is hollow. I kid you not. Look at videos on the entry hole in Antarctica. All the world stations that are located there. Even the Germans looked for a military advantage there during WW11. Just saying. There are many things under the sun. I sitback and enjoy the show and sip from the cup of life slowly for it tis a heady brew. |
Posted by: Dale 2011-12-09 10:52 |
#4 All I can think of is the Planet of The Apes movie (2nd one I think) Beneath the Planet of the Apes where the remnant, telepathic humans worship the nuclear bomb. You can decide for yourself who the Apes invading the Forbidden zone, telepathic bomb worshippers, etc. are in the current events adaptation. |
Posted by: WacoInMN 2011-12-09 09:35 |
#3 I remember when we were an actual country that could be afforded the same ability to build stuff as China and Saudi Arabia. |
Posted by: Thing From Snowy Mountain 2011-12-09 08:37 |
#2 So why would Gates go to China for a partner? |
Posted by: Skidmark 2011-12-09 02:52 |
#1 Ahh, arabs with nukes. The savior of the earth. HEH! |
Posted by: newc 2011-12-09 00:11 |