The Industrial Side Of Things

Bloomberg News has an article up on why it will be difficult to support the nuclear renaissance currently planned. Here is the money quote:

``I find it just amazing that so many people jumped on the bandwagon of this renaissance without ever looking at the industrial side of it,'' Schneider said.

It would take any competitor more than five years to catch up with Japan Steel's technology, said the company's chief executive officer, Masahisa Nagata.

That is what people don't get when they want some kind of rapid industrial change. The supply chain is long and it is demand driven. Steady growth is easy. Sudden surges are difficult if not impossible.

HT linearthinker

Cross Posted at Classical Values