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Kyoto Protocol defined nuclear energy as neither clean nor renewable

Copenhagen, nuclear power, and the Clean Development Mechanism Nuclear Reaction, by Justin, 18 Dec 09

“……..For those who don’t know it,the Clean Development Mechanism  the CDM is a system set up under the Kyoto Protocol which allows industrialised countries committed to reducing their greenhouse gas emissions to earn carbon credits by investing in low-carbon projects in developing countries rather than building more expensive projects in their own countries.

Nuclear energy was specifically excluded from the CDM at the United Nations Framework Convention of Climate Change conference in 2001. Continue reading

December 18, 2009 Posted by | 2 WORLD, climate change | , , , , , , , , | Leave a comment

Bright Future for Solar Energy

The Solar Energy Industry is Looking Bright

CityTownInfo.com By Abigail Rome
December 17, 2009

The stars seem to be aligning with the sun these days. Or at least with an industry that takes full advantage of the sun. Here are a few indications. While the climate change agreements were being discussed last week in Copenhagen, the U.S. President spoke about stimulating green energy jobs. And, as the costs of solar panels have decreased tremendously in recent months, governments have continued to create incentives for renewable energy and efficiency. In short, the political will as well as the economics are in place for solar energy to finally skyrocket. Continue reading

December 18, 2009 Posted by | climate change, renewable, USA | , , , | Leave a comment

Nuclear energy not cheap, not clean,

Greenpeace debunks nuclear benefit “expanding global nuclear capacity would be accompanied by costs of nearly $10 trillion.” Malaysia Business Insight BY PAUL ICAMINA

NUCLEAR’S contribution in easing climate change is “too little, too late,” the anti-nuclear group Greenpeace said. Continue reading

December 18, 2009 Posted by | 2 WORLD, business and costs, climate change | , , , , , , , | Leave a comment

India going into big debt for nuclear power program

India’s Nuclear Power Plans to Borrow $6.5 Billion By Archana Chaudhary Dec. 17 (Bloomberg) – Nuclear Power Corp. of India, the nation’s monopoly atomic generator, plans to borrow as much as $6.5 billion to fund six new reactors. The state-run company will raise about 140 billion rupees ($3 billion) from loans and bonds to build four 700-megawatt plants, Chairman Shreyans Kumar Jain said in a phone interview from Mumbai today. It will also seek about $3.5 billion in loans for two 1,000-megawatt reactors it’s developing in Kudankulam with Russia’s Rosatom Corp., he said…… Continue reading

December 18, 2009 Posted by | business and costs, India | , , , , | Leave a comment