The Chinese Nile Part N+2

Big ideas flow to countries that think big:

TerraPower also suffered a setback in October when the Energy Department effectively killed any chance of building a demonstration reactor in China. The department announced measures to prevent “China’s illegal diversion” of U.S. civilian nuclear technology for military purposes.

Three years earlier, TerraPower had unveiled an agreement to establish a joint venture with China National Nuclear Corp. to build a pilot reactor. But the Energy Department, in a move that seemed aimed directly at TerraPower, said it would deny new license applications or extensions to existing authorizations related to the Chinese state-owned company.

If we were thinking bigger, we wouldn’t have to stop a deal like that by fiat. Gates wouldn’t need to go to the Chinese, because he would be getting more money over here.