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.
Related News
U.S. renewable electricity surpassed coal in 2022
WASHINGTON - Electricity generated from renewables surpassed coal in the United States for the first time in 2022, the U.S. Energy Information Administration has announced.
Renewables also surpassed nuclear generation in 2022 after first doing so last year.
Growth in wind and solar significantly drove the increase in renewable energy and contributed 14% of the electricity produced domestically in 2022. Hydropower contributed 6%, and biomass and geothermal sources generated less than 1%.
“I’m happy to see we’ve crossed that threshold, but that is only a step in what has to be a very rapid and much cheaper journey,” said Stephen Porder, a professor…
