Buffett and Turner to Donate Money for Nuclear Fuel

I heard about this last week and have meant to post about it.

WASHINGTON - Billionaire investor Warren Buffett, CNN creator Ted Turner and former Sen. Sam Nunn pledged $50 million to the U.N.'s nuclear watchdog agency Tuesday to create a uranium stockpile.

The aim is to discourage countries from developing their own nuclear programs. The reserve would ensure supplies of low-grade fuel for nuclear power plants around the world. One example of a program they hope to discourage is in Iran, which critics fear is ultimately aimed at developing weapons.

This is one of those things that makes so much sense that it probably won't happen.