Saturday, April 19, 2008

Is it Time to Return to Nuclear Energy?

There seems to be a resurgence of interest in nuclear energy here in the United States. Some are calling the movement a "nuclear revival". But what's fueling all the momentum? In a nutshell, petroleum prices.

But the U.S. isn't the only country embracing the atom. Finland already has four plants in operation and has a new one coming out of the ground. Egypt has plants on the drawing board and guess who's slated to build them? Russia. Anyone recall Chernobyl?

The UK's string of nuclear power plants are responsible for lighting up one sixth of the island nation already. Understandably, they're looking to build more.

Of course, in the U.S. we have options to look at. We've still got huge coal reserves. Last week it was announced that a massive oil reserve was discovered under a lake out west - more than all the oil in Saudi Arabia. If the environmentalists can be brought on board, perhaps we can finally loosen the strangle grip the Middle East has on us.

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