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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

foreign adversaries.

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

And so we don't produce that fuel in the US.

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

So the last administration did realize that and said, we need to create programs to encourage US companies to actually make this fuel.

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

That was something that happened in 2024 that we are now a part of that program, but it's getting even more support under current administration.

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

There's been recent executive orders a couple of weeks ago that dealt with nuclear by this administration.

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

That's going to further accelerate things.

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

It's become totally bipartisan the last couple of years.

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

I think there's two things.

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

There's the fear of weapons.

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

There's also the fear of accidents.

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

But if you look at the most famous US accident, Three Mile Island, no one actually died from Three Mile Island, from radiation exposure, from anything else.

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

What happened there?

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

So good question.

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

So Three Mile Island was a famous meltdown that happened in the US, in Pennsylvania.

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

And so there were two reactors on Three Mile Island, an island of land in a river, and a series of operator mistakes caused one of them to have a meltdown.

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

And what that means is the fuel overheated, there was

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

you know some issues caused by that and then potentially some the fear of a meltdown is that you get some radiation leakage but you have containment vessels that contain all these things and that's where a lot of the cost from nuclear comes from is making sure that in no circumstance can any radioactive material ever release from the facility and so three mile island one of the reactors shut shut down melted partial meltdown due to human error series of human error that

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

due to process controls would not occur today.

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

But even so, this thing that people view as this crazy disaster, and I think it happened right after a movie came out called The China Syndrome, which was about a nuclear meltdown.

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

So this movie came out and right after this accident happened and just drove the US into a state of fear about nuclear that lasted decades.