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When you are capable of nuggets like this, Richard, I confess I find it difficult to understand why you see the need for gratuitously provocative statements re polar bears and panda's.

FWIW I think a market solution is necessary, but not necessarily markets as we know them, based upon conventional Debt and Equity

As for anti-nuclear activism, I prefer to address the marketistas on the own ground and examine the economics of nuclear vs the rest if we use different financial tools.

I think a long cool look at the total cost over time is overdue using realistic assumptions in respect of likely uranium supply and demand and the costs of decommissioning.

In view of the fact that the "fuel" of tidal, solar and wind energy is free, then in the medium and long term an "asset-based" financing model (ie returning investment capital in energy and thus receiving an interest-free loan in return for the sale of a proportion of future energy production) will come out ahead of nuclear.

"The future is already here -- it's just not very evenly distributed" William Gibson

by ChrisCook (cojockathotmaildotcom) on Wed Feb 14th, 2007 at 02:16:37 PM EST
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