Wednesday, December 7, 2011

12/7/2011 Bill Gates-backed company in discussions with China to develop new generation nuclear reactor

Source: Associated Press via Washington Post
Date: 12/7/2011 9:53 AM

BEIJING — Microsoft co-founder Bill Gates confirmed Wednesday he is in discussions with China to jointly develop a new and safer kind of nuclear reactor.

“The idea is to be very low cost, very safe and generate very little waste,” said the billionaire during a talk at China’s Ministry of Science and Technology.

Gates said he had largely funded a Washington state-based company, TerraPower, that is developing a Generation IV nuclear reactor that can run on depleted uranium. TerraPower says it has discussed its plans with India, Russia and other countries with nuclear energy programs.
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