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Tamsin Carlisle

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AlfredR

It's not a surprise that the price of oil is a major driver growth in the energy industry. It is also set by supply and demand just like all other markets. A brand new study forecasts that the world's oil consumption will continue to increase yearly for the next nine years, and then drop off sharply. The study goes on to say that by 2035 the demand will be lower than it was last year. Source of article: <a href="http://www.cardealexpert.com/news-information/auto-news/oil-demand-peak-2020/">New study predicts world oil demand will peak in 2020</a>.

mehulkamdar

Much of the noise being ratcheted up against nuclear power is from quarters that are professionally opposed to nuclear energy, and, often, are paid advocates for closing all nuclear plants down. The fact is that Japan chose to use nuclear power AFTER it became the only country in the world to come under nuclear attack. The Japanese people could not have taken this decision lightly. It is also certain that Japan will continue to use nuclear energy in the future. Would that some of the anti nuclear voices would recognize this fact! In any case, if the older crop of reactors are considered "unsafe," (though this has not been proven in any way so far even through the terrible crisis in Japan) there are newer technologies in the nuclear power sector offering small plants based on nuclear submarine powerplant technology that are about to be launched for commercial power generation by the USA and Russia. The possibility of a meltdown would be zero with these and at 25 to 100 MW outputs these would be ideal for serving smaller communities around the world like large batteries that you connect to for a limited period of time. If safety alone were a concern, then these would be promoted more actively by those who feign horror at what is happening in Japan. That, sadly, is not the case, indicating the motivated anti nuclear approach that these quarters are promoting.