Thursday, March 16, 2006

Imperial College to Host "Nuclear Power in Context of Peak Oil" Event

There is increasing awareness that energy prices are not going to get any cheaper. Britain is currently on the edge of a gas crisis, threatening industry, while oil prices have settled above $60 a barrel. Chief Executives at both Chevron and Royal Dutch Shell have said the era of easy oil is over. The claims that we are imminently approaching the global peak in oil production are gathering in intensity and validity. At the same time, the race is on to change our electricity generation to one that emits far fewer greenhouse gases than burning fossil fuels, due to the threat of Climate Change. With a large section of Britain’s current crop of power stations coming to the end of their lives by 2020, there are many who are calling for Nuclear Power to be the answer to these questions.

( Full story here )

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