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To: Donaldm who wrote (34043)1/3/1999 4:17:00 PM
From: Les H  Read Replies (1) | Respond to of 95453
 
You can contact the company at pennzenergy.com .
In an oil-related topic, the following news is very bullish long-term
for energy use:

Europe's Greens toppling nuclear power

Germans plan plant phaseout

By Associated Press, 01/03/99

RANKFURT - Europe once viewed nuclear power as the answer to
its energy problems, but now it is starting to look elsewhere as
environmental activists gain influence in national governments.

Leading the crusade is Germany, where the ecology-minded Green Party
just became part of the federal government for the first time. Italy, Sweden,
and Switzerland also are yielding to Green pressure to shut down nuclear
plants and reactors.

The Greens' argument: Nuclear energy produces lethal wastes that pose
centuries of danger to future generations because there is no sure way to
render it harmless. Not to mention the danger of a meltdown.

The antinuclear movement has strong roots in Europe, fed by the antimissile
sentiment of the 1980s and alarm over the 1986 disaster at the Chernobyl
plant in Ukraine, which spewed radiation over all of Europe.

Now even the nuclear power industry concedes that Germany, and with it
Europe, has crossed a threshold in the no-nukes fight. The September
election brought to power a left-leaning government committed to shutting
down the nation's 19 nuclear plants.

''It would be senseless to discuss new reasons for using atomic energy, since
the voters have apparently chosen to get out,'' said Hans-Dieter Harig, who
heads the Preussen-Elektra power company.

The Greens still face an uphill fight in countries like Britain, where 12 nuclear
plants generate 30 percent of the country's electricity and employ about
30,000 people.

The same goes for France, western Europe's most nuclear-dependent
country. It draws 78 percent of its power from 41 reactors and shows no
sign of reversing course.

And in former Communist eastern Europe, which depends on
Soviet-designed reactors for a big chunk of its power, new nuclear plants
are still being built.

But the tide is definitely turning.

The new tone in Germany was set almost immediately after the election.
Environment Minister Juergen Trittin, a Green, announced his goal of shutting
down ''as many as possible'' of Germany's nuclear reactors ''as soon as
possible.'' One is already idle for suspected safety problems.

To be sure, the German government's planned ''atomic exit'' faces heated
resistance from the nation's nuclear lobby.

The German Atom Forum, which represents the nation's nuclear industry,
said its plants are already environment-friendly, supplying about a third of
Germany's electricity without the air pollution of coal or oil-burning plants.

Power companies say they will sue the German government for ''double-digit
billions'' in damages for lost investment if they are forced to close nuclear
plants.

The industry argues that licenses granted when official German policy
promoted the use of nuclear energy cannot simply be revoked now that the
political climate has changed.

The industry wants to allow current nuclear plants to operate for their full
working lives, meaning 40 more years.

The Greens favor a phase-out over five to 10 years. Chancellor Gerhard
Schroeder, a Social Democrat, has spoken of a span of around 20 years.

He plans to personally lead talks beginning Jan. 26 with the power industry
to work out a timetable that avoids damage claims against the government
and also resolves the question of nuclear waste disposal.

If no agreement is reached within a year, the government intends to draw up
its own legislative plan. Even before that, it plans to rewrite German laws
promoting nuclear energy.

Environmentalists have already had some success in other European
countries.

Austria banned nuclear energy in 1978, leaving a plant then worth $4 million
completed but never used. Italian voters approved an antinuclear energy
policy in 1987, shutting down three operating plants and stopping
construction on a fourth.

Sweden, which gets almost half its electricity from 12 reactors, agreed in
1997 under pressure from the Greens and its nuclear-free Danish neighbors
to start shutting down nuclear plants last summer.

This story ran on page A05 of the Boston Globe on 01/03/99.
© Copyright 1998 Globe Newspaper Company.