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Why the IEA is backing nuclear power, and ways to play its report

Posted on 02 December 2011

In early 2011 a devastating earthquake and subsequent tsunami wreaked havoc on much of Japan, putting the country in something of a bind. One area that was particularly affected by the quake was the Fukushima nuclear power plant.
Fukushima had taken hefty damages during the incident and began leaking radiation into the surrounding environment shortly thereafter. The result yielded not only devastating effects for Japan, but for nuclear power as a whole, as the global community lashed out at the seemingly unsafe energy source. The incident was enough to prompt Germany to abandon nuclear power within the next decade and has a number of other countries considering the same action………………………………………..Full Article: Source


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VRS - who has written 38515 posts on Opalesque Commodities Briefing.


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