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David Shambaugh: China Goes Global - YouTube - 1 views

www.youtube.com/watch

shared by Yadkin River on 23 Dec 11 - No Cached
  • Director, China Policy Program, The Elliott School of International Affairs, George Washington University.
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China and France chase US shale assets - FT.com - 0 views

www.ft.com/...e2-11e1-9f98-00144feabdc0.html

shared by Yadkin River on 04 Jan 12 - No Cached
  • Sinopec, China’s second-largest oil company by market capitalisation, unveiled a $2.5bn deal with Oklahoma-based Devon Energy to invest in five new development areas from Ohio to Alabama.
  • International groups are still keen to increase their exposure to unconventional US energy resources despite the environmental controversy over “fracking”, the injection of water, sand and chemicals into wells to crack rocks and release oil and gas.
  • Foreign companies have been shifting their focus from gas, prices for which have plunged, to oil. Devon’s deal with Sinopec also reflects Chinese companies’ hopes that techniques pioneered in the US could be used to develop China’s own resources.
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When Foreign Countries Want to Buy into U.S. Nuclear Power Plants - What Then... - 0 views

public-blog.nrc-gateway.gov/...wer-plants-%E2%80%93-what-then

ALCOA infrastructure CHINA hydro YADKIN chinese NationalSecurity

shared by Yadkin River on 21 Dec 11 - No Cached
  • For example, U.S. national policy makers have worked to make sure sensitive military and defense technology and production remain with American companies.
  • After 9/11, concerns grew that foreign ownership of U.S. infrastructure could increase our vulnerability to terrorist attacks. One example is the heated debate triggered by the 2006 purchase of a company that ran U.S. ports by the United Arab Emirates-owned company Dubai Ports World. (Dubai Ports eventually sold its interests to a U.S. company.) More recently, globalization of the nuclear industry and the weak U.S. economy have attracted significant levels of foreign investment in the U.S. nuclear industry
  • The Atomic Energy Act prohibits the NRC from issuing a license to any entity that the Commission believes is “owned, controlled or dominated by an alien, a foreign corporation or foreign government.” Broadly speaking, the foreign ownership prohibition protects the “common defense and security” of the United States, even though this may prevent some nations from participating in U.S. nuclear joint ventures.
  • ...2 more annotations...
  • mitigate foreign control issues
  • Len Skoblar March 1, 2011 at 6:53 am Actually, I think the time has come to end this dance. Energy is a strategic commodity…period. Our country’s very survival depends upon it. So let us dispense with the distraction (and risk) that “foreign investment” brings to the dance. The US government should subsidize indigenous energy production in all its manifestations and forms to eliminate the need for foreign investment. That would be tax dollars well spent. And NRC could then bring even more focus and resources to its primary mission….nuclear safety.
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