Saturday, August 19, 2006

Nuclear Revival

MarketWatch:
As more and more heat waves, hurricanes and other natural catastrophes batter the world, the mood among people just about everywhere is turning increasingly green.

The feeling is strong that global warming is not a phony fear but a real, rapidly growing and dangerous force. Moreover, the only way to stop it -- or merely slow it -- is to reduce the carbon dioxide emisions produced by the burning of fossil fuels that power industrial plants as well as planes, trains and automobiles.

And the surest way to accomplish that is to depend more on nuclear power instead of oil, gas and coal. Consequently, the nuclear industry is beginning to show signs of revival if not renaissance.