Peak Oil is You
Donate Bitcoins ;-) or Paypal :-)
Page added on June 8, 2012
China to Stoke Nuclear Power
China National Nuclear Power Co. said it is planning a Shanghai initial public offering that will go toward financing part of five power projects worth 173.5 billion yuan ($27.2 billion), in a multibillion-dollar deal that signals that the country’s ramp-up of nuclear power is moving forward. The state-owned nuclear-power operator didn’t give any other details about the timing or size of the offering on its statement posted Tuesday on the website of the Ministry of Environmental Protection, but analysts said such a deal could raise as much as $5.4 billion for the Chinese government.
3 Comments on "China to Stoke Nuclear Power"
Rick on Fri, 8th Jun 2012 8:10 pm
The world does not need anymore nukes, which are ticking time bombs, thanks to the waste.
Kenz300 on Fri, 8th Jun 2012 10:05 pm
China is also investing heavily in Wind and solar power plants as well as second generation biofuels.
The WSJ is a News Corp paper and pushes nuclear, oil and coal. The Republican party and their Republican owned media all sing the same song.
BillT on Sat, 9th Jun 2012 2:06 am
Keep in mind that nuclear power plants also produce the materials for bombs. That is why it was pushed on the Us in the first place. The M.I.C. at work, and damn the peasants!