Sums up my ongoing thoughts over all of this...The media hype...

Sums up my ongoing thoughts over all of this...The media hype was in overdrive, as were many posters on HC and people fell for it in droves. I sincerely feel for those that ended up a victim financially due to the way this panned out.

Nuclear Energy (or renaissance as termed by RCR) will go ahead as planned as will (and is) PEN. As the Sth Koreans have astutely pointed out...

"We believe there is no alternative to nuclear energy at this stage, and instead we can take this opportunity for reviewing nuclear safety, as well as for expanding exports of nuclear technology,"

They always were industry leaders and innovators and remain so.


"Tsunami of Hysteria Doesn't Make It Up the Beach
Asian Powers Continue Nuclear Programs
March 23, 2011"
source: http://www.larouchepac.com/node/17828

For all the lying hysteria expended by the international press over Japan's Daiichi nuclear situation, no minds have been changed in Asia. Asia had been spearheading a world-wide nuclear renaissance before the March 11 earthquake and tsunami, and it still is today.

South Korea is the latest country to confirm its nuclear program. It forcefully announced Tuesday that it remains among the saner nations of the world in regard to nuclear power.

"There is no change in the government's plan for expansion of nuclear power plants," said Yun Choul-ho, president of the Korea Institute of Nuclear Safety. "We believe there is no alternative to nuclear energy at this stage, and instead we can take this opportunity for reviewing nuclear safety, as well as for expanding exports of nuclear technology," he said. As with other countries, the government plans a comprehensive check-up on the safety of nuclear power plants in Korea, even though South Korea does not have the earthquake issues that Japan faces.

Currently, 21 nuclear power plants are under operation, seven under construction, and many more on the drawing board, according to the government's long-term energy plan.

The expansion of nuclear energy has been integral to President Lee Myung-bak's energy policy. Late last year, the government said it will get 35 nuclear power plants up and running by 2024. If everything goes as planned, nuclear power will provide about 50 percent of the nation's electricity consumption, up from the current 30 percent.

South Korea also has ambitious plans for the export of nuclear technology to the rest of the world, including engineering, construction, operation, and training. It has already won a prize, three-reactor deal from the UAE, and is looking for contracts in Turkey and Jordon, among other areas.

China, Vietnam, Malaysia, and Indonesia in East Asia are all going forth with their nuclear plans, but have announced, as expected, some form of additional safety review. Thailand and the Philippines, which were hesitant before, remain hesitant.

As for Japan itself, almost nothing has been said directly about future nuclear plans. With a loss of much conventional power generation capacity from the quake, besides the shutdown of eleven nuclear plants, there are rotating blackouts in the heart of the country; there is a pressing practical economic need to get all possible generating capacity back on line, especially before the hot days of summer. Japan remains the designated contractor for reactors 3 and 4 in Vietnam's power program, and is still in the scrapping for a two- reactor deal in Sinope, Turkey."