Alternate Energy Holdings, Inc. CEO Don Gillispie Predicts Resurgence for Nuclear Power Following National Election
BOISE, Idaho, Nov 2, 2010 (GlobeNewswire via COMTEX) -- If Republicans win big in today's election, as expected, they won't be the only victors. "The other big winner will be nuclear power," predicts Don Gillispie, CEO of Alternate Energy Holdings, Inc. (otcqb:AEHI), (www.aehipower.com), a Boise-based company that seeks to build new nuclear power plants and nuclear desalination systems. "After today, we should see a resurgence of the industry, the likes of which we haven't seen in 30 years."
The reason: The likely GOP winners are far stronger supporters of nuclear power than Democrats and most Democrats who will remain are likely to be pro nuclear. "This is true not just in Congress, but also in governors' offices and state legislatures," Gillispie explains.
If Republicans take back the House of Representatives, for instance, the new Speaker of the House will be Representative John Boehner (R-OH). Boehner is a strong proponent of nuclear power and he wants to lift the current ban on using Yucca Mountain. "That would go a long way towards easing public concerns about the storage of spent fuel," says Gillispie.
Boehner has plenty of company...
http://www.marketwatch.com/story/alternate-energy-holdings-inc-ceo-don-gillispie-predicts-resurgence-for-nuclear-power-following-national-election-2010-11-02?reflink=MW_news_stmp