G8 nations to push nuclear energy
The Yomiuri Shimbun quoted anonymous sources saying the G8 nations will pressure China and India to satisfy a greater percentage of their electricity needs from nuclear power plants as a way to both reduce global warming and help battle the high price of oil.
The additional nuclear capabilities would come with strings attached, however. They would have to be accompanied by guarantees on the non-proliferation of nuclear technology, the safety of the nuclear facilities and regional security, the newspaper said.
Another item on the G8's energy agenda is the elimination of government oil subsidies.
Yomiuri Shimbun said emerging nations such as China, Indonesia and Malaysia frequently subsidize their oil refinery operations, encouraging consumption through artificially low gasoline prices.
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Poland’s largest power group opts to back wind over nuclear
WARSAW - PGE, Poland’s biggest power group has decided to abandon a role in building the country’s first nuclear power plant and will instead focus investment on offshore wind energy.
Reuters reports state-run refiner PKN Orlen (PKN.WA) could take on PGE’s role, while the latter announces a $10bn offshore wind power project.
Both moves into renewables and nuclear represent a major change in Polish energy policy, diversifying away from the country’s traditional coal-fired power base, in a bid to fill an electricity shortfall and meet EU emission standards.
An unnamed source told the news agency, PGE could not fund both projects and cheap…
