Gas is the energy way of the future for reliable base load supply in Australia, no two ways about it. Coal will be used less and less, uranium is possible here but not for a long time. Renewables supplying base load is very questionable. 18 of the 20 G20 nations use or are planning to increase their nuclear power capabilities, as they see this is the only credible way to meet emission reduction targets,
As it will be difficult to get nuclear power off the ground in Australia gas is going to be the preferred base load energy of the future. Uranium has excellent potential for export markets, I hold some preferred Ur stocks in addition to MEL/gas
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7 | 2044639 | 0.006 |
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