From Alexander Green, Chief Investment Strategist, Oxford Club:
For the sake of the planet, people everywhere would like to see human carbon emissions reduced.
Yet the world’s population of 7.3 billion keeps growing. And no one wants to use less power.
Solar, wind, hydro, and thermal are not yet ready for prime time. And the natural gas bounty in this country does not exist overseas.
That’s why some analysts believe nuclear power is on the verge of a resurgence.
One of them is Spencer Abraham, who – aside from being a former U.S. senator from Michigan – was George W. Bush’s Secretary of Energy. Today he is the Executive Chairman of Uranium Energy Corp. (UEC), a publicly traded uranium mining and exploration company.
I had dinner with him the other night at the Park Hyatt Aviara in northern San Diego.
Abraham is a congenial man with a self-deprecating wit and enough insider stories about…