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    December 08, 2011

Bill Gates Teams With China on New Nuclear Reactor

   VOA News

   Microsoft founder and billionaire philanthropist Bill Gates has teamed
   with China to jointly develop a new type of nuclear reactor, which
   would be better for the environment and reduce the need for uranium
   enrichment and reprocessing.
   Gates says the traveling wave reactor technology is low-cost, very safe
   and will generate little waste. He spoke at a news conference Wednesday
   in Beijing following talks with officials from the Ministry of Science
   and Technology.
   Gates says about $1 billion will be put into the project over the next
   five years.
   The reactor is being developed through TerraPower, a company co-founded
   by Gates, and the state-owned China National Nuclear Cooperation.
   The company says that once produced, the Generation Four reactor will
   offer a "zero-emission, proliferation-resistant energy." It says it
   would run on depleted uranium, currently a waste byproduct of the
   enrichment process.

   Some information for this report was provided by AP, AFP and Reuters.

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