a fabulous debate on the facts about uranium production…
Michael Dittmar wrote a series of posts about nuclear energy that was published on The Oil Drum in 2009. In the first post of the series, he said that uranium “civilian uranium stocks are expected to be exhausted during the next few years” and “the current uranium supply situation is unsustainable”. Basically lack of uranium production from uranium mines would cause lack of nuclear fuel which would result in steadily dropping nuclear power generation. I made a series of three bets with Dittmar
1. World Uranium production
2. World Nuclear power generation bets going to 2018
3. Uranium production in Kazakhstan
All three bets should be handily won by me this year and I should be winning by larger and larger margins for future years of the bets.