Rob Jeffrey, Economic Risk Consultant: “Although nuclear energy has a high capital cost, it has a large load factor that is about 90%, compared with other energy sources that have a much lower load factor and life capacity.” South Africa’s National Development Plan (NDP) set the country’s gross domestic product (GDP) growth target at more than 5% a year for the country to meet its economic, social and political objectives. These objectives include the three fundamental targets of reducing inequality, poverty and unemployment.
Rob Jeffrey, Economic Risk Consultant, Poverty is the single highest social cost to society. There are only three major policy objectives: a) poverty alleviation, b) reducing inequality and c) reducing unemployment. Emerging economies require electricity energy sources that offer security of supply at the lowest possible cost. Conclusion: Unless emerging countries that have fossil fuels use them it will heavily prejudice their future growth and result in increased unemployment and poverty. Renewables and carbon tax are contrary to objectives. They are both taxes on the poor.
John Shanahan, civil engineer, President of Environmentalists for Nuclear - USA: Who does not like plants, animals, people and nature? Where do we come from? Through all the processes of life, we come mostly from carbon dioxide in the air and rain water. Here are some answers, some photos of life and some questions about the future.
Robert Bryce is author of “Smaller Faster Lighter Denser Cheaper,” and many other books and articles about energy. Coal is denser, contains more energy, and is easier to handle than wood. Oil takes up half as much space as coal and can be transported easily and cheaply by pipeline. Natural gas can be used for many of the same purposes as oil, including terrestrial transportation, power generation, and space heating, but is now cheaper than oil (on a Btu basis). Gas emits about half as much carbon dioxide as coal and creates far fewer air pollutants than either oil or coal. Electricity (which of course must be manufactured from coal, natural gas, oil, uranium or thorium) is extremely flexible, is easily transported via wires, and can be switched on or off with the flick of a switch. Using carbon-based fuels like coal, oil, and natural gas to create cleaner, more ordered forms of energy like electricity provides opportunities to use evermore sophisticated tools, with computers and lasers being prime examples of this trend.