Tuesday, May 02, 2006

Nuclear no cure for climate change, scientists warn: "The cost of building the large number of nuclear power stations needed to even partly replace coal as a source of electricity would be so heavy no private investor would take on the risk without huge government subsidies."

This isnt news. Nuclear power cannot survive without massive corporate welfare. Nuclear power advocates, who are essentially 'welfare queens' trying to put the industry on the public teat, should always be asked, can your industry survive without corporate welfare?

It is typical of course that Treasurer Cosello should come out in favour of corporate welfare.

Nuclear power: Costly, toxic, non-renewable and not the answer. Any public funds available should be put into genuinely renewable energy sources such as solar, wind, geothermal etc. The debate is over and the time is now. And to make renewable energy more competitive, carbon taxes should be imposed on the coal industry, which currently gets a free ride in the classic corporate sense of costfree devastation of the commons.

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