Owners of shares in major coal mining companies will be rubbing their hands in anticipation of large profits as the nuclear power industry struggles to battle media driven hysteria in weeks, months and years to come.
The Greens who are prematurely celebrating the death of the nuclear power industry may not yet have realised events in Japan have finally sunk any hope for carbon taxes, emissions protocols and all the other junk transactions associated with the 'carbon' fraud perpetrated by Al Gore and his followers. The plain truth is that you can't lift millions of people out of poverty without cheap energy and you can't have cheap energy without releasing some life giving CO2 into the atmosphere. The Chows and the Yanks know that but NZ and Australia continue to live in fantasy land.
You see folks, the only economically viable sources of base load industrial strength electricity are coal, oil, hydro and nuclear fission.
As Japan rebuilds and China and India continue to grow, demand for oil and coal will escalate. No amount of mecanno sets on top of windy hills will cut the mustard.
And I wonder if any of the loony tune Greens have stopped to calculate the down river death toll from a an 8.8 magnitude earth quake centred just eight kilometers below the Clyde dam?
4 hours ago