Update: New Nuclear Exchange-Traded Fund

For those interested in investing in the future of nuclear, a new ETF (NYSE: PKN) for the world nuclear industry will be listed by PowerShares Capital Management on 4/3/08.

CNN Money has more details here.

I especially like the fund manager's viewpoint,

"Since 2001, nuclear power plants have achieved lower production costs than coal, natural gas and oil ... We believe higher oil prices, rising standards of living, and demand for cleaner sources of energy are favorable trends powering worldwide growth for the nuclear energy industry. The PowerShares Global Nuclear Energy Portfolio provides investors exposure to the performance of the global nuclear energy industry in the benefit-rich ETF format."