URANIUM 1.02% $24.70 uranium futures

Nuclear power is not an option as we don't have the technoloigy...

  1. 5,116 Posts.
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    Nuclear power is not an option as we don't have the technoloigy to deal with the deadly radioactive waste.
    On top of this coal is almost dead as an energy option in Australia.
    The last coal fired power station built in Australia took 4 years. It only opened in 2003, and lasted about 9 years before it was deemed largely redundant and partially closed in 2012. Coal fired power is costing tax payers millions of dollars. The last coal fired power station built in Australia in 2003 will also most likely be Australia's last coal fired power station ever as renewable's have proven to cost a fraction of this to build in a fraction of the time it takes to build the coal fired power stations.
    Date Oct 2012.
    Reduced demand, and the need to reduce carbon emissions, continues to have a dramatic impact on Australia’s coal-fired generators, with the newest cola fired power station built in Australia, one of Queensland’s largest, the Tarong power station, forced to close half of its 1,400MW capacity
 
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