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FatalWishes
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Nuclear Option Looks Better As Oil Surges
| Quote From Source: | "Going nuclear" has investors gearing up for an explosion of profit.
Until recently, many shunned nuclear energy thanks to Chernobyl and Three Mile Island. Along with the issue of nuclear waste disposal, a feared repeat of those accidents made nuclear power extremely unpopular for the past two decades.
That's changing thanks to screaming oil prices. Nuclear energy has developed a new and improved image -- it's cheaper than fossil fuels. It's also increasingly seen as a cleaner energy source than coal, which remains the most-used energy source in the world.
Improvements and better controls over the last 25 years have made nuclear energy safer, advocates say. Power companies are increasingly expanding their nuclear stable. Seventeen of them plan to construct about 30 new nuclear plants in the U.S. in the next five years.
| | Click source url to view entire story. |
Source Yahoo Biz
Source URL:
http://biz.yahoo.com/ibd/080604/etf.html
They should take the warning labels off of everything and let stupidity sort itself out.
Please check out our new website at www.globalwarmingisnotreal.com |
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posted on 6/6/2008 at 07:22
