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Scott Nolan

👤 Person
1357 total appearances

Appearances Over Time

Podcast Appearances

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

and saying, we haven't done anything new with reactors for a long time.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

Pretty much any reactor we build is going to be R&D.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

And so we should treat it like R&D.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

And the Department of Energy has the right to test reactors under R&D.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

So we should give them more top cover or ability to go test these reactors on their land.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

So this creates an alternative for companies just trying to get started to prove out what they can do.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

And now they can do that on DOE land even more than they could before.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

So that's one action.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

There's another executive order that said the Defense Department should stand up the capability to deploy its own reactors so that they can have energy resilience on their bases.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

Another executive order said the NRC should reform.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

Historically, it just looked at risk and said, we need to get radiation risk as low as possible, even lower than background levels in some cases.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

This policy was known as ALARA, as low as reasonably achievable.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

And there's really no floor on that.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

So that meant that while the safest nuclear is no nuclear,

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

And so there's naturally a bias towards really restricting nuclear and just creating an incredibly high safety bar that's higher than any other source of energy.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

And so this executive order said, hey, let's take a look at the regulations and let's update them.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

Let's not deregulate, let's just re-regulate.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

and think about, given modern technology, how should we be thinking about this?

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

Yes, every energy source has some risks, but nuclear has a lot of benefits, and we should factor those in just like we do for air travel.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

There's risk, but there's benefits.