Word: fuel
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...According to Ridham Desai, Morgan Stanley's head of Indian equities research, about 125 million Indians will join the workforce in the next decade, and they will be key to the country's growth. Foreign firms will hire legions of them to drive down costs, and their prosperity will fuel demand for stylish clothes, cars and other baubles. Thanks to this demographic advantage, "India will grow faster than the rest of the world," says Desai...
...nuclear power in Australia. That's our position," said Opposition Leader Kim Beazley, who wants more effort put into solar, wind and clean-coal technologies. With the debate set to generate a lot more heat before it's over, here's a brief look at the issues that fuel...
...carefully shielded and stored. According to Melbourne University's Sevior, "the amount of waste that comes out of a typical [nuclear] plant is around 30 tonnes a year. The amount of waste that comes out of a coal-fired power plant is around 1,000 tonnes a day." Used fuel rods can be reprocessed into new fuel, reducing the volume of waste that needs to be stored by over 90%; turning the waste into synthetic rock reduces this even further. If it's not reprocessed, this high-level waste stays toxic for 1,000 years or more. Nuclear opponents...
...Cost. The two sides differ on how to compare the costs of nuclear and other power. Nuclear plants are hugely expensive to build: an average-sized plant costs about $A2.5 billion. But they need very little fuel-uranium yields up to 1 million times as much energy as the same quantity of coal. The ansto study found that, taking waste management costs into account, nuclear power from an advanced plant "is cheaper than generating it from coal or a [clean coal] station...
...Unlike its uranium, Australia's fossil fuel reserves underpin huge domestic industries. Opponents say nuclear power would put thousands of jobs at risk. It's largely for economic reasons that the premiers of New South Wales, Victoria and Queensland have vowed not to lift their states' nuclear bans. Queensland Nationals Senator Barnaby Joyce agreed: "I can't see the logic of promoting competition to my state's major export...