Word: fueled
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Dates: during 1970-1979
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...nuclear proliferation. "I know you're working right in the middle of this now," Glenn tells the President, "and I think it's very important." Carter notes that the U.S. can limit its reliance on nuclear power-and thus cut back the production of reprocessed nuclear fuel that can be used for bombs-because it has adequate coal and oil reserves. Other nations, notably West Germany and Japan, are not so fortunate, he says. Then he gives the Senators some news: "We're going to take a unilateral step to end reprocessing, and we'll call...
Basically, the meeting consists of Schlesinger throwing out his proposals and others, in Carter's words, "trying to shoot them down." (In some cases, Schlesinger himself voices objections to program proposals on the basis of his understanding of the political situation.) Should sources of fuel be taxed? What restrictions should be placed on automobiles? What should be done to encourage-or require-home insulation...
Scientists have a cute name for it: "ploot." But plutonium, a man-made element created by bombarding uranium 238 with neutrons, has awesome properties. On the plus side, fast-breeder nuclear reactors, which are generally fueled with plutonium and U-238, can not only generate electricity but also produce more plutonium fuel than they consume. On the other hand, plutonium, even in tiny quantities, is searingly radioactive and ranks with botulin toxin as one of the world's most poisonous substances. Moreover, with as little as 12 Ibs. of plutonium, the right equipment and expertise in handling the stuff...
...investment tax credit from 10% to 12%. But the House turned it down, and the Senate has yet to vote. Even if it finally passes, businessmen have one last, and huge, investment-inhibiting worry: energy. Previous plant-expansion booms were based on the assumption that plentiful supplies of cheap fuel would be available to power the new factories, and that assurance is now a thing of the past. Largely for that reason, says Economist John Rutledge, who was a Treasury Department consultant during the Ford Administration, "capital investment will probably never again be what it was"-at least in real...
...thirds of the boilers that it makes are fired by coal, and the Carter Administration's energy program, to be announced April 20, is expected to contain provisions enabling the Government to order many factories and power plants to convert from natural gas to coal as a fuel (TIME cover, April 4). Even by simple arithmetic, B & W is an attractive acquisition candidate. In 1976 it earned $53 million on revenues of $1.7 billion-a profits-to-sales ratio slightly higher than United's own. Some Wall Street analysts are prepared to recommend purchase of United...