The Truth Behind Chernobyl

In yesterday's essay, we discussed the big opportunity building in nuclear energy... We also discussed the real-life example of Sweden as it relates to nuclear power. The country was able to shift its electricity generation over – resulting in tremendous ecological and economic benefits. Nuclear fuel is the most efficient energy source mankind has ever […] Not rendering correctly? View this e-mail as a web page [here](. [Empire Financial Daily Weekend] The Truth Behind Chernobyl By Whitney Tilson --------------------------------------------------------------- [You're invited...]( Please keep this between us... Not everyone will get access to this unique opportunity... But since you’re a loyal Empire Financial Research reader, we’re opening up access for you – for the next few days only. [Click here now for the full details, before it’s too late](. --------------------------------------------------------------- In yesterday's essay, we discussed the big opportunity building in nuclear energy... We also discussed the real-life example of Sweden as it relates to nuclear power. The country was able to shift its electricity generation over – resulting in tremendous ecological and economic benefits. Nuclear fuel is the most efficient energy source mankind has ever discovered. And yet... Nuclear energy has an image problem. Let's think about things with a comparison to another marvel of mankind: air travel. You're suspended 35,000 feet in the air, travelling near the speed of sound, casually watching a movie. It boggles the mind that it could be achievable, much less safe. And indeed, we all know someone who is afraid of flying... But we also know that flying is safe. Statistically, you're 750 times likelier to die in a car accident than in a plane crash. That is in large part because flying seems so dangerous. It is such a feat of imagination to think that flying is possible that the industry developed a zero-fault approach, sharing learnings rather than blame after an accident. The result? A near-perfect safety rating. It's much the same with nuclear power – it seems so unsafe that safety is built in, and it is statistically the safest form of power in the world. --------------------------------------------------------------- Recommended Link: [One thing D.C. insiders can agree on]( One corner of the global economy is projected to explode to $10 trillion in value. But it's not AI, semiconductors, cloud computing, 6G, or cryptos. It isn't self-driving cars, biotech, pharma, or anything to do with health care, either. This industry is far more important to life than all of these technologies put together. And both Democrats and Republicans alike are finally getting on board. [Get the full story here](. --------------------------------------------------------------- Consider the Fukushima disaster... In 2011, a massive earthquake struck off the coast of Japan, leading to a tsunami. A 50-foot wall of water hit the closest land, overwhelming everything in its path. More than 19,000 people were washed away or killed in the disaster. In the aftermath, in the tiny fishing village of Onagawa, the survivors sought shelter at the safest, sturdiest building left standing... the Onagawa nuclear plant. The facility was safe, secure, and restarted without incident after the disaster. Of course, a few miles to the south, there was a nuclear accident... one that will live in infamy. Due to poor design, the backup cooling generators at the Fukushima Daiichi were overwhelmed when the tsunami came over the protective sea wall. Within a few days, one of the reactors overheated, leading to a release of radiation. How dangerous was it? According to studies from the World Health Organization, the United Nations, and other independent agencies, the death toll due to an explosion or acute radiation syndrome – exposure to high amounts of ionizing radiation in a short period of time – at Fukushima was... zero. More than 19,000 people died from the actual tidal wave, and yet people still think of it as a catastrophic nuclear accident. Nuclear energy has an image problem. Ask most folks what they think about nuclear energy, and they don't actually think of nuclear power, but of "nukes" – mushroom clouds over the desert, fallout over Chernobyl in Ukraine, or even the mutated creatures found near the Springfield nuclear facility in the TV show The Simpsons. The reality could not be any further from the truth... In fact, nuclear energy is responsible for less death and destruction than literally any other form of power. To be sure, this isn't nuclear weapons we are talking about. Of course, in the wrong hands, they are deadly, and they have been. But comparing nuclear power to nuclear weapons is like comparing a Chevy Malibu to an M-1 Abrams tank. Sure, they're both vehicles... But one is a safe, everyday mode of transportation, and the other is designed for military use. Other than the power mechanism, they have nothing in common, and are treated completely differently. Nuclear weapons and nuclear power should be understood similarly. But what about nuclear accidents? The reality is, they didn't happen. At least, not the way folks think they did. Take Chernobyl. This was a genuine disaster. In 1986, a Soviet crew was performing a safety test at the reactor when, through a series of terrible circumstances combined with zero operating oversight, they inadvertently triggered an uncontrolled chain reaction in the reactor core. The meltdown and explosion were initially covered up by the Soviet government, only heightening the sense of dread and mystery as a radioactive plume spread over Europe. Of course, for a disaster of such mythical proportions, the actual direct impact was limited. The initial explosion resulted in the death of two workers at the plant. A further 28 firemen and emergency clean-up workers died in the first three months after the explosion due to acute radiation syndrome... and one more died of cardiac arrest. In other words, more people have died getting crushed by vending machines than directly at Chernobyl... And that was literally the worst nuclear accident in history, due to a horribly built and operated plant by the Soviet Union 40 years ago. You probably wouldn't set foot on a Soviet airplane, but you likely have no issue sitting on a modern Boeing Dreamliner. Same goes for just about anything... Chernobyl was a total outlier. So despite the scare stories and the headlines, the world is starting to wake up to the fact that nuclear is the energy source of the future. That's why the time is now to invest in this sector of the energy market... That means getting your money into position before the point of mass public awareness. By this, I mean investing in seven specific stocks we've identified in the nuclear energy sector that have the potential to double or triple in value over the next several years... and potentially even more than that over the longer haul. To learn how to get all the specifics on these companies – while you still have a crack at the biggest profits – [click here](. Best regards, Whitney Tilson --------------------------------------------------------------- If someone forwarded you this e-mail and you would like to be added to the Empire Financial Daily e-mail list to receive e-mails like this every weekday, simply [sign up here](. © 2023 Empire Financial Research. All rights reserved. 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