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Will Other Countries Cancel Nuclear Plans?

Chatter on the Street Wednesday had everything to do with the future of energy.

Shares of nuclear stocks such as Cameco took a nose dive after EU Energy Commissioner Guenther Oettinger warned of "further catastrophic events" in Japan. (It’s worth noting those comments were later down played.)

Meanwhile, China suspended approval of new nuclear projects. As many as 160 reactors had been expected to be built in China over the next few years, according to a Financial Times report.

Considering China is the biggest builder of nuclear reactors around the world, did Beijing just deal nuclear a crippling setback?

Find out from Donald Straszheim, ISI Group sr. managing director China research. Watch the video now!


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