Russia and China Are Planning Something Big — and It Floats
China wants to develop floating nuclear power plants — and it’s joining forces with Russia to make it happen. The latter has already laid out ambitious plans for the unproven concept, but has been smacked with setbacks and cost overruns. While China may hold a big enough checkbook to see development through, some may wonder if offshore nuclear holds a place in the future of atomic energy, especially with novel and seemingly more feasible designs being pursued by General Electric Company, Babcock & Wilcox, and even Bill Gates.
Read more at: http://www.fool.com/investing/general/2014/08/16/russia-and-china-are-planning-something-big-and-it.aspx
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