Nuclear energy has been on the decline in much of the world (with some notable exceptions in the nuclear-friendly administrations in China and Russia). This is not new news. Now, however, Chatham House, the UK’s Royal Institution of International Affairs, has taken things a step further by taking the official stance that nuclear will never be a serious contender as a solution to catastrophic climate change. As paraphrased by environmental news site EcoWatch, the energy experts at Chatham House “agreed that despite continued enthusiasm from the industry, and from some politicians, the number of nuclear power stations under construction worldwide would not be enough to replace those closing down.” The consensus was that this is nuclear’s swan song, and we are now unequivocally entering the era of wind and solar power.
Oil Price 18th Jan 2020 read more »