nuclear-news

The end of nuclear power is becoming the only solution to its financial mess

Nuclear Power Dirty Bomb   The Market Oracle, Oct 28, 2013  By: Andrew_McKillop  “………LOSS AVOIDANCE IS THE ONLY SOLUTION   Turning off the nuclear tap will soon become the only solution. Civil nuclear power plant growth and  proliferation has already cancelled in several countries, including Germany, Japan and Switzerland, and is likely to be placed on hold, because of nuclear debt and the sheer un-economic nature of nuclear power, in other countries. Of course we can be sure that China and India will come very late to the party and may need the “tweak” of one or more worst-case reactor meltdowns to make them move.

We can however be sure that Nuclear Nirvana’s murky underside of a Pandora’s Box of evils will soon cause a sea shift in ruling elite thinking.

Options exist for the rapid removal of nuclear power from the scene. Since 2008, in more than a half of OECD countries exposed to the realities of the sovereign debt crisis, electricity consumption has fallen, sometimes by double-digit amounts in 3 years. The need for nuclear power is cut by this real world trend. To be sure there are also long-term and rising nuclear debts due to accumulated wastes and to the near-term future crisis of reactor decommissioning – which in a sane world would only hasten the total abandonment of this failed option for supplying “cheap, clean and safe” power.

The options are better known than ever. The pathology of “we didnt know” has worn awfully thin after the Fukushima disaster. The same applies to Depleted Uranium weapons, nicely reserved for expert commentators to pontificate about – but which cause real world cancers and economic loss every day in Iraq and Afghanistan.

The choices and options are on the table for those who want to admit them. Unfortunately our current political decider elite is congenitally unable to admit them. Soldiering along and muddling through with the deadly, high cost option of nuclear power will continue – but not for long. As ever, one disaster is worth a lot more than a million words. http://www.marketoracle.co.uk/Article42864.html

October 30, 2013 - Posted by Christina Macpherson | 2 WORLD, business and costs, politics international