Will International Energy Agency continue to cave in to pressure from fossil fuel and nuclear lobbies?


Last year’s World Nuclear Industry Status Report found that nuclear’s share of world power had fallen to its lowest in 30 years despite new plants coming online, and billion dollar government subsidies and loans.

terminal-nuclear-industryIt appears likely that nuclear power is now in terminal decline, having peaked around 1996 at 18% of global energy production, dropping steadily since then to 11%. Much of the reason is the massive costs of nuclear power, and the long lead-times for installations, compared to the diminishing costs of solar and wind.

Energy market madness is the death spasm of the oil age – renewables now! Ecologist  Nafeez Ahmed 4th February 2015  Current oil price volatility is a symptom of the end of cheap oil and it’s destablising the entire global economy. The answer is a major shift to renewables – but the the International Energy Agency, which should be leading the transition, is in…

View original post 826 more words

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s