Skip to main content

IPCC to Endorse Nuclear as Means to Fight Climate Change

By Eric McErlain
From the Bangkok Post:
The United Nations Inter-governmental Panel on Climate Change (IPCC) which gathers in Bangkok this week is expected to throw its weight behind nuclear energy as a means of mitigating global warming, media reports said Sunday.

"In addition to renewable energy sources, nuclear power will be recommended by scientists as a lesser evil in terms of global warming," Wanum Permpibul of the Climate Action Group said.

On Monday through Friday, 80 of the world's leading experts on climate change will meet in Bangkok to debate the IPCC Fourth Assessment Report to 150 state representatives on policy recommendations to mitigate the impact of global warming, blamed primarily on consumption of carbon-based fuels such as oil, natural gas and coal.

The final report, after what is expected to be a heated debate among participants, will be made public on Friday.
That will be Thursday night our time, so we should have the details ready by Friday morning.

Thanks to Ruth Sponsler from We Support Lee for the pointer.
Labels:

Comments

kconrad said…
Nuclear power is NOT carbon-free. Plants don't just miraculously appear out of nowhere. From front-to-end, tons of carbons are emitted to construct, operate, and decommission nukes. Mining, milling, enrichment of uranium uses enormous amounts of electricity.

Nukes carry a "deficit" when they come online and must operate at FULL power over the course of decades to make up for all the carbons emitted prior to, during and after their existance. What plants can do that?
May 6, 2007 at 10:12 AM
Post a Comment

Popular posts from this blog

Fluor Invests in NuScale

By
You know, it’s kind of sad that no one is willing to invest in nuclear energy anymore. Wait, what? NuScale Power celebrated the news of its company-saving $30 million investment from Fluor Corp. Thursday morning with a press conference in Washington, D.C. Fluor is a design, engineering and construction company involved with some 20 plants in the 70s and 80s, but it has not held interest in a nuclear energy company until now. Fluor, which has deep roots in the nuclear industry, is betting big on small-scale nuclear energy with its NuScale investment. "It's become a serious contender in the last decade or so," John Hopkins, [Fluor’s group president in charge of new ventures], said. And that brings us to NuScale, which had run into some dark days – maybe not as dark as, say, Solyndra, but dire enough : Earlier this year, the Securities Exchange Commission filed an action against NuScale's lead investor, The Michael Kenwood Group. The firm "misap...
1 comment
Read more

Wednesday Update

By
From NEI’s Japan micro-site: NRC, Industry Concur on Many Post-Fukushima Actions Industry/Regulatory/Political Issues • There is a “great deal of alignment” between the U.S. Nuclear Regulatory Commission and the industry on initial steps to take at America’s nuclear energy facilities in response to the nuclear accident in Japan, Charles Pardee, the chief operating officer of Exelon Generation Co., said at an agency briefing today. The briefing gave stakeholders an opportunity to discuss staff recommendations for near-term actions the agency may take at U.S. facilities. PowerPoint slides from the meeting are on the NRC website. • The International Atomic Energy Agency board has approved a plan that calls for inspectors to evaluate reactor safety at nuclear energy facilities every three years. Governments may opt out of having their country’s facilities inspected. Also approved were plans to maintain a rapid response team of experts ready to assist facility operators recoverin...
Post a Comment
Read more

Nuclear Utility Moves Up in Credit Ratings, Bank is "Comfortable with Nuclear Strategy"

By
Some positive signs that nuclear utilities can continue to receive positive ratings even while they finance new nuclear plants for the first time in decades: Wells Fargo upgrades SCANA to Outperform from Market Perform Wells analyst says, "YTD, SCG shares have underperformed the Regulated Electrics (total return +2% vs. +9%). Shares trade at 11.3X our 10E EPS, a modest discount to the peer group median of 11.8X. We view the valuation as attractive given a comparatively constructive regulatory environment and potential for above-average long-term EPS growth prospects ... Comfortable with Nuclear Strategy. SCG plans to participate in the development of two regulated nuclear units at a cost of $6.3B, raising legitimate concerns regarding financing and construction. We have carefully considered the risks and are comfortable with SCG’s strategy based on a highly constructive political & regulatory environment, manageable financing needs stretched out over 10 years, strong partners...
Post a Comment
Read more