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Old 20-12-2008, 02:06 PM
TrevorW
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TrevorW is offline
 
Join Date: Aug 2006
Location: Western Australia
Posts: 8,291
I ask a question:

If we have so many different varieties of renewable energy tidal, wind, solar, geothermal why are we not promoting these instead of NP

In the USA no one has placed an order for a nuclear plant since 1973, a new 1,400-megawatt nuclear power plant is going to cost about $2.6 billion, why build it will take 6 1/2 yearsand while you are building, you have to issue equity, you have to service that equity. You have to issue bonds; you have to service the bonds with interest. You don't have any money coming in. You have an average of $1.3 billion out for 6 1/2 years that is not earning anything.

Wheres the logic with that investment you could build massive renewable safe energy prodcution facilities in half the time
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