Don't worry when we run short of electrical power no one will give a crap how it's produced - just gitter done.
Hey folks, there's no money in Washington DC or Japan for this.Do you really think these people are going to build without government backed loans?
The New York Times ran a story this week on possible shifts in energy sources in the future. These comments caught my attention:
“Utilities are also reconsidering natural gas as a potential source of stable power, a function historically filled by coal and nuclear energy. Utility chiefs have been wary of price fluctuations of natural gas, particularly in the last two decades.
“But that may be about to change, according to John Rowe, chairman of Exelon, the biggest nuclear utility in the United States. He argued that building a nuclear power plant would be prohibitively expensive, while new rules limiting carbon emissions by the Environmental Protection Agency would require costly investments to scrub emissions from coal-powered plants. This means that utilities will increasingly switch to natural gas.
“Natural gas is queen,” Mr. Rowe told a panel at the American Enterprise Institute in Washington this month.”
Full article at http://www.nytimes.com/2011/03/22/bus...