TOE 1.49% 33.0¢ toro energy limited

nuclear there to stay

  1. 470 Posts.
    Here's an article that gives a rounded view on what different countries are doing with nuclear (no mention of Herr Brown and Frau Milne and Tasmanian windmills though!). While Australia might move towards gas and renewables, demand for uranium exports will not diminish.

    http://www.financierworldwide.com/article.php?id=8166&page=1

    How about a few quotes from the article then.....

    nuclear energy sector provides for 14 percent of the world?s total energy demand...producing close to zero carbon emissions in the process

    a number of companies were trading at levels lower in value than the sum of their assets, Toro Energy Ltd and Mega Uranium being examples

    there is growing speculation of a major rebound

    Fukushima has done little to alter the country?s long term nuclear strategy plans

    Russia shares the same passion for nuclear energy, and like India is unlikely to change its energy policy.

    China?s nuclear development will slow down during the next two to three years, but in the medium and long term China?s nuclear strategy cannot be shaken, said Feng Yi, deputy secretary-general of the China Nuclear Energy Association.

    It also underpins China?s move toward clean energy ? a high priority for its leadership.

    Over 60 percent of the population in Germany are eager for their country to give up nuclear energy without delay, polls show.

    Though the French state is pro-nuclear, and the country draws 75 percent of its electricity from nuclear power, recent polls show that more than 80 percent of the French public want to replace atomic energy with renewable sources.

    I can?t imagine us halting nuclear plants. In our country, this would result in economic problems on the verge of an economic disaster, said Czech Prime Minister

    Hank
 
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