Bill Gates' Nuclear Strategy

Bill Gates and Small Nuclear Reactors

Bill Gates wants to put nuclear power in the hands of emerging nations via nuclear energy reactors fueled by the relatively harmless uranium-238.

Essentially what the miniature nuclear reactors would do, once they were boosted by enriched uranium, would be to run anywhere from 50 50 100 years without the need to refuel. The reactor would offer several hundred megawatts to the users.

That's according to TerraPower, a firm backed by Bill Gates.

Warren Buffett Cools off Speculators in Canadian Oil Sands Companies

With the lid being blown off the recent, secretive trip of Warren Buffett and Bill Gates to the Canadian Oil Sands, where they toured the Canadian Natural's C$9.3 billion ($8.9 billion) Horizon oil sands mining and synthetic crude processing operation, Warren Buffett made an appearance on CNBC's Squawk Box to make it clear he and Gates were only touring the facilities on a fact-finding mission, and weren't going to invest in the "Sands" at this time.

Oil Sands-related stocks on the Toronto Exchange surged on the news that Buffett and Gates had toured the area, with speculators bidding up a number of the oil stocks.

When Buffett made the announcement, the oil stocks plunged back to normal rates.

Warren Buffett and Bill Gates in Secret Visit to Canadian Oil Sands

Interesting story on Bill Gates and Warren Buffett visiting oil sands for potential investment.