If you really believe that nuclear energy is over, you should get out. However the past has shown that similar nuclear disasters didn't change the nuclear sector severely. I've seen documentaries of the nuclear power supply in France. France states that it recycles 90% of the nuclear waste, however it is less.
Hey everyone who thought nuclear energy was all sunshine should be attending a psych... No intelligent person would say that nuclear energy is the safest way. But as of now we rely on it, it is a powerful yet risky energy supply. I'm afraid this is just a media hype like global warming, killer bees, the millennium bug. It will get over soon, the things we need for a steady investing climate in the nuclear sector is that there will not be more earthquakes in Japan until everything gets fixed and yes security will have to improve! It is a risky zone to build nuclear power plants. But hey, a lot of nuclear power plants aren't as safe as we think. the threat of terrorism, nature and even the bad condition of some nuclear power plants because of their age is real.
We have the knowledge, possibility and resources to replace the nuclear power plants by gas power plants, wind turbines and solar energy. But this will require huge investments. The world isn't ready for it yet, look at BP after the disaster in the gulf of Mexico we thought they were bankrupt. Yet they paid a "compensation" and they are drilling in the gulf of Mexico again! Tepco is also paying a compensation, don't forget that this are big company's, this isn't Tepco's only nuclear power plants!
Now a lot of people in the media like to compare Fukushima with Tsjernobyl and Nine miles Island. I find Tsjernobyl extremely uncomparable to Fukushima. Olthough I can admit that Japan has some soviet characteristics they spread the news a lot faster then the Soviet Union back with Tsjernobyl. People that have seen documentaries about Tsjernobyl will agree. Tepco has released a repot which estimates that in 4 months everything will be 100% secure, then we can start the damage measurement. It is possible that the radiation measured during the disaster was over/under-estimated. It depends on a lot of factors. It will take some time before we know what the damage is, and how long it will take to restore the situation. Untill then I will hold my shares.
On the bright side, the demand for uranium will be stable. It has already been stated that the lack of demand for uranium from japan will be compensated by the increase of China and other countries' demand for uranium.
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