http://altlanticinternationalpartnership.net/2011/06/altlantic-international-partnership-headlines-nuclear-power-struggling-in-post-fukushima-world/
A number of countries have shelved their nuclear power in the wake of the nuclear meltdown in Japan.
But Glenna Chair of the Board of Directors of Atomic Ltd., tells BNN the industry is already on the mend – and that many countries will struggle to replace nuclear energy with low-carbon emitting power.
“To have reliable and carbon-free (energy), they are going to really be put to the test,” she says.
John Licata, chief commodity strategist at Blue Phoenix, compares what’s happening with the nuclear industry post-Fukushima to what happened to the oil industry after the Macondo oil leak in the Gulf of Mexico last year.
He says it took less than a year for that industry to meaningfully recover. He sees the tides turning for the nuclear industry by the end of the year, saying he thinks “that the reaction has been quite overblown.”
Tom Adams, independent energy analyst counters, says there is no parallel between the two situations.
“The industry has to go back to the drawing board. People are losing confidence in the technology,” he says.
It must be a good sign
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