Articlexpo
Search:    Main :> About Us :> Privacy :> Terms of Use :> Add Url :> Submit Article   
 

Choose The Right Option With Low Cost Secured Loan

Secured loans are the loans that demand some collateral against the repayment of loan amount. The co ... - Andrew Baker
 

Tax Help

Taxes are fees or charges imposed by the state on its citizens based upon transactions (sale or tran ... - Kevin Stith
 

Make Sure Your Credit Report Works For You

You just filled out a mountain of loan application forms. Now, you wait for a call from the loan off ... - Larry Guidi
 
 

Top 7 Ways To Generate Long Term Wealth

The biggest fear of any person who is considering his or her future is the possibility that they mig ... - Daegan Smith
 

Breakdown Insurance: Considerations Before Buying!

Before you buy breakdown insurance, make sure you have looked at all the considerations, to ensure y ... - Mark Flanighan
 

Tips for Taming Your Credit Card Bills

One of the most fearsome beasts inhabiting the financial world is the credit card bill. This frighte ... - Brooke Sikula
 

Stock Trading Types -- Which Type Are You?

The basic trading types and who you should be. - Matt Fox
 

Get Uncle Sam To Pay $36,000 For Your Child's Education!

The following example illustrates how eight consecutive contributions of $2,000 into an Education IR ... - Brian Gray
 
 

Main » Banking & Finance » Investment
 

Part One: To Invest in Sweden's Uranium Exploration or Not?

 
Author: James Finch
 

There is a compelling political development in Sweden you should know about. The outcome could very well impact the worlds anti-nuclear movement and open the doors to a wave of more aggressive nuclear energy build up. Sweden has long been a bellwether for social progress and change. Shortly after Three Mile Island, the Swedes held a referendum on expanding nuclear energy in their country. Sweden voted it down. But, political climates change. What happens in Sweden could help change attitudes toward nuclear energy in Australia, Germany and elsewhere.

A countrys election can have a widespread ripple effect on an industry. Swedens four-party opposition bloc, known as the Alliance, is challenging the Social Democrat-led government for control of the Riksdag, the countrys parliament. One of the Alliances main objectives is to cut the countrys property tax, and eventually remove it. Each year, Swedes must pay a tax equivalent to one percent of a single family homes tax value. The other item on the Alliances agenda is moving forward with the countrys nuclear energy policy.

Exactly two months from now, on September 17th, we predict Swedish voters will choose the center-right alliance, comprised of the Moderates, Liberals, Christian Democrats and the Centre party. Amid other reforms, Swedens nuclear energy and uranium policies may be revived. The Centre party, which had supported phasing out nuclear power, has now thrown in its lot with the Alliance, realizing there isnt an alternative to nuclear for the time being.

Swedens Dependency on Nuclear Energy

At first glance, we bought the same anti-nuclear propaganda the rest of the worlds media swallowed. In other words, we were misled into believing Sweden was phasing out its nuclear power plants. Perhaps, you had also concluded Sweden was shutting down its nuclear fleet. The reality is quite the opposite. Only two reactors have been shut down one in November 1999 and another in June 2005. The countrys ten nuclear reactors produce about 75 billion kWh. This has accounted for as much as 51 percent of Swedens electricity production! In 2005, about four percent of Swedens electricity was exported.

The major media would have us believe Swedes are anti-nuclear. This conclusion was reached after Swedens 1980 referendum on the countrys nuclear power program. But, Swedish voters were offered three very limited choices about continuing the build up on Swedens nuclear energy program, to which the answers could only have been: NO, No and no, depending upon the loudness with which a voter voiced his no. Few were surprised at the outcome. Yet, no reactors were phased out until nearly two decades later. What was never publicized was that a clear majority of the Swedish voters believed the existing reactors should continue running until new energy sources replaced nuclear.

A 1996 survey conducted by the Confederation of Swedish Industries appalled the anti-nuclear movement about 80 percent of those surveyed were in favor of nuclear power. Subsequent Swedish polls showed as few as 10 percent of those surveyed wanted nuclear energy phased out. About the same percentage wants to protect Swedens four remaining rivers from future hydro construction. By contrast, three-quarters of Swedes polled gave restraining greenhouse gas emissions the highest environmental priority.

Sweden depends upon fossil fuels for less than ten percent of its electricity generation. You do the math. For future electricity generation, Swedes must face a choice between increasing their nuclear power capacity and escalating their meager dependence upon fossil fuels. A March 2005 poll revealed an astounding 83 percent of those surveyed would support the countrys plans to maintain, or even increase, its nuclear power program.

The choice may already exist in Swedish laws. A spokesman for the German Atomic Forum, Christian Woessner, pointed out in a recent media interview, Under Swedish law the (nuclear) plants can not be closed until there is a viable alternative. Because Sweden is about 47-percent dependent on nuclear power, Swedish parliament has repeatedly delayed plans to shut down it stations. What once were target dates of 2010 have been reportedly moved back as far away as the year 2050. A recent Swedish article discussed a summary of investments in the countrys energy sector through the end of the decade. More than 25 percent will be invested in modernizing and upgrading Swedish nuclear plants.

 
 
 

Related Articles

 
Residual Income - Part Three Finding Leaders
 
Physiotherapy Insurance: When the Human Body Needs a Little TLC
 
Taking Stock of Your Inheritance from Uncle Harry
 
What You Need to Know About Bankruptcy Records
 
Don't become Partners with Bankruptcy
 
A Pain-Free Tax Season: Organization Tips For Small Businesses
 
Tips For Saving Money
 
Forex Trading - A Basic Overview
 
You Are Paying More Income Tax Than You Are Legally Obligated To Pay!
 
Save Money and Reduce your Debt with 0% Credit Cards
 
 
 
Add URL
 
 

Teens & Children

 

Food & Recipe

 

Automobiles

 

Adventure & Sports

 

Society & Communities

 

Hotels & Travel

 

Science & Research

 

Computers & Networking

 

Self Help

 

Government & Politics

 

Employment & Careers

 

Music & Entertainment

 

Shopping Online

 

Culture & Art

 

Medicine & Treatment

 

Events & News

 

Lifestyle & Fashion

 

Business & Commerce

 

Family & Home

 

Estate & Realty

 

Banking & Finance

 

Education & Learning

 

Online & Indoor Games

 

Fitness & Health


 
Main :> Privacy :> Terms of Use  
Copyright © 2008 www.articlexpo.com