I’ve wondered why they do not do combines cycle Nuclear/coal, as in use nuclear power for turning coal into petrol products, kill two birds with 1 stone...
Wouldn't it be great if we could thumb our noses at all the petty tin pot dictators, and tell them to shove their oil where the sun don't shine!
As for Russia- Their wealth is all from mineral resources and specifically oil (All eggs in one basket), of much many of the low lying fruit already has been picked. They are a corrupt nation that has been ruled by oligarchs forever. Even today power is centralized and Russia is more or less the oligarchy it always has been. Russia is doing well because they are an energy empire that pushes national interests with their energy policy (blackmail essentially) as in the Ukraine, Rep. Georgia and elsewhere. People are reluctant to invest in a state that is corrupt, where a single entity rules and the infrastructure in Russia is not being modernized. Long term the barrel of oil contrary to popular belief won’t stay where it’s at, many are reluctant to become dependent on a state like Russia for their energy and their infrastructure is aging. Furthermore, as stated earlier, the economic expansion of Russia is almost entirely from oil revenue and the low hanging fruit has laregly already been exhausted in some mineral resources. The elite in Russia, the new oligarchs are basking in the sun today, but they won’t be for long. They are building their own coffin, but they have a long tradition at that as well.
interesting article man. I’m all for nuclear power station, and although we do have a number of them in the UK, more will have to be built in the next few years. Into the Energy mix I would also throw wind and tidal power, both of which the UK has great resources.
With the Experimental Fusion Reactor being built in europe, the path should be clear for EU states as to where they will be getting their power from.