World wide there are approximately 60 nuclear power stations under construction.
Apparently China earlier this year suspended construction and/or planning of 85 coal fired power stations
Australia needs to grow some balls and build nuclear power stations.
Lifted from a Nuclear imformation page ..
That is probably the biggest risk with nuclear: It takes so long to see a return on investment, if one comes at all. Imagine you start building a nuclear power plant today. If, at some point in the next two decades, some hardworking genius builds a battery capable of storing wind or solar energy, scrubs the carbon out of coal emissions, or plugs the methane leaking from natural gas, the odds of there being a market for your expensive atomic energy by the time you finish construction is pretty slim.
"What we have seen from the last seven years is a number of old plants being shut down well before they are required simply because they are not able to compete on the electrical market," says M.V. Ramana, a physicist at the Nuclear Futures Laboratory at Princeton University.
The only reason that nuclear energy powers 80 percent (and falling) of France, and powered 30 percent of pre-Fukushima Japan, is because those countries don't have the wealth of natural resources the US has. And that's not just coal and natural gas (though it is mostly coal and natural gas). US solar, wind, geothermal, and hydroelectric utilities are growing fast, and getting cheaper. Currently, renewables generate over 13 percent of US energy.
Even people within the nuclear industry think it is an impractical choice. "You can make a pretty strong argument that it’s really foolish to burn a resource that's as special as nuclear energy making something as inexpensive and ubiquitous as electricity," says Arthur Ruggles, a professor of nuclear engineering at the University of Tennessee. By becoming more efficient and scaling up renewables, society could save the uranium for cool stuff like powering interplanetary spaceships.
And space ships might be necessary sooner than you'd expect, if society can't find a climate change solution it can agree on.
#CLIMATE CHANGE#NUCLEAR POWER#SAFETY