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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (12293)	3/16/2011 10:34:33 PM
From: Slumdog	Read Replies (1) \| Respond to of 119360

Do you know offhand which country uses the most nuclear energy as a percentage of their total consumption? I haven't been googling......-g-

To: yard_man who wrote (12293)	3/16/2011 11:19:18 PM
From: neolib	Read Replies (1) \| Respond to of 119360

I'm ambivalent on nukes. They clearly have some advantages, but the big disadvantage is that they are not operated on true economic grounds, because the risk associated with the lifecycle is socialized. I'd be happy with nukes if the producers & consumers who use them, got stuck with all risk associated with them. Instead, the producers reap profits sans much of the risk, and consumers get lower energy cost also sans much of the risk, and society at large takes the risk. And the risk with nukes stretches very far into the future, for economic benefit that happens only in the near term. Such a system is about as nutz as one can dream up. BTW, I do agree with you regarding GE not paying out, precisely for the above. IIRC, the US nuclear industry is shielded by law from much of the liability. Note sure of the details, or how it would play out outside the USA. Only ignorant people think that all growth can be accommodated by renewables or energy efficiency. There I disagree. For the money wasted on geopolitics of oil, solar could easily supply a very significant portion of our energy needs. And the average efficiency can be a good deal higher than PV efficiencies if one is smart enough to avoid conversion from light to electricity to heat where possible.