Peak Oil News

 

 
Menu
 News
 Search
 Topics
 Stories Archive
 Submit News
 Discussions
 Code of Conduct
 Forums
 Last 24 Hours
 PO 24hrs
 Peak Blog
 Ask Jane
 Resources
 About Us
 Downloads
 Web Links
 PeakWiki
 PeakPortal
 Focus Search
 Peak TV
 Peak Oil Boston
 Follow on Twitter
 Members
 User Panel
 Members List
 PO Team
 JOIN!
 Private Messages
 
PeakSpeak
NICKNAME

Download TeamSpeak
What is PeakSpeak?
Peak Oil on IRC
 
Member Quotes
I think it's a status symbol to be aware of peak oil.

Revi

Suggest Quote

 
Photo Album
Submit Photo
Peakoil.com is You!


member photos
 
Links

Beason Law Firm
Net App Training
Aaron
 
Asia going nuclear amid rising oil prices, concerns over global warming
Hydrocarbon Alternatives Led by fast-growing China and India, Asia is going nuclear in a big way to feed its ravenous appetite for energy.

The strains of economic growth are already showing. Energy shortages have forced Chinese factories to scale back production, and farmers in India often have power for only half the day. Both countries say their future growth is at risk unless they diversify their energy mix.

So does South Korea, where Yoon Ho-taek scans a construction site the size of 10 football fields in the southeastern city of Ulsan, points to what looks like a partly built amphitheater, and declares: ``The future of nuclear power is bright.''

Along with homemade reactors, Asia's plans hold out the promise of a bonanza for American companies such as Westinghouse Electric Co. and General Electric Co. which already have a strong presence in the region. Westinghouse has helped build 14 nuclear plants in South Korea and provided technology for almost half of Japan's 55 nuclear units. GE, meanwhile, has helped build 36 reactors in Japan, India and Taiwan.

``We expect Asia to become a leader in the use of commercial nuclear power,'' Timothy Collier, president of Westinghouse Korea, told The Associated Press. Asia needs a reliable electricity source, he says, and ``Nuclear offers the opportunity to do that free of the dependence on oil.''

Eighteen reactors _ about 70 percent of the world's total under construction _ are going up in Asia, and another 77 are planned or proposed, according to the Nuclear Energy Institute, an industry advocacy group based in Washington, D.C.

Planet Save

Posted on Saturday, July 08 @ 05:32:48 PDT by waegari
 
Related Links
· More about Hydrocarbon Alternatives
· News by waegari


Most read story about Hydrocarbon Alternatives:
You can close the site now, energy problems are solved.

 
Article Rating
Average Score: 0
Votes: 0

Please take a second and vote for this article:

Excellent
Very Good
Good
Regular
Bad

 
Options

 Printer Friendly Printer Friendly

 
Associated Topics

Consumption; Demand; PricesEnviromental Headlines; Climate ChangePublic Policy; Political and Legal News


Re: Asia going nuclear amid rising oil prices, concerns over global warming (Score: 1)
by nethawk on Saturday, July 08 @ 15:42:20 PDT
(User Info ) http://cbll.net


Read the rest of this comment...