Thursday, May 21, 2015

CO2 & Radiation vs LENR at G-7 Summit

Germany hosts the G-7 summit in two weeks against a backdrop of economic, energy, exclusion and security issues. The current members are Britain, Canada, France, Germany, Italy, Japan and the US. Russia is currently excluded due to on-going economic sanctions. Also excluded are China and India -although they have the fastest growing GDP -and trading volumes that probably exceed that of the combined G-7 nations. See stale Globe and Mail article headlined: "China, India on track to top G-7 combined economies"

Energy, environmental and safety issues are closely linked to CO2, coal, gas/oil, nuclear and the rush to bring LENR (Low Energy Nuclear Reactors) to market. In ramping up for the meeting, both environmentalist and business interests will be making their submissions, as will big media editors. Just don't expect any of preceeding to make the LENR connection.
Germany and Japan have concerns with coal and nuclear energy generation. While politicians fiddle at the Elmau Resort in Bavaria on June 7th and 8th, people in China and India choke, Japanese live with Fukushima meltdown, glaciers melt and oceans rise.

An article in Deutsche Welle paints the picture as seen by the G7's big businesses. These excerpts set the stage for major squabbles.

BDI President Grillo made it clear that the debate about safe, affordable and clean energy should be on the global agenda, adding that it cannot be purely a national or a European debate. All parties involved must make "comparable, ambitious and verifiable contributions." If nations simply follow their own agenda, he warned, they will only be burdening business and industry.

Clearly, the business federations want to have a say on any agreement made at the UN climate summit later this year in Paris. A climate deal is an important task for the state, Grillo said, but added that industry leaders are convinced that economic expertise will be necessary to actually reach the goals. After all, he explained, more often than not, it is the companies that must implement energy and climate policy measures.

The business federations also left no room for doubt that they will not stand for anyone ruining the energy business of coal, gas and oil.


Which leader then, will dare champion LENR as the future energy source? For political leadership, look to the lady who would eliminate coal and nuclear in her nation's energy mix. She is likely to push her European cohorts to make some tough decisions in the face of deteriorating global environment and health conditions -and much wavering by North Americans.

Update # 1
An early emailer has just left this link:
http://www.wsj.com/articles/germanys-coal-binge-1411599265

Update # 2

On the eve of G-7 summit, Japan's Tepco is about to sell part of its uranium stockpile, which signals it has to cut costs because of Fukushima disruption and doubts about authorization to restart its other reactors. See item in Japan Times:
http://www.japantimes.co.jp/news/2015/05/19/business/corporate-business/tepco-looking-sell-uranium-stockpiles-cut-costs/
See also extensive reportage by Dave Forest of Oil Price com:
http://oilprice.com/Alternative-Energy/Nuclear-Power/This-Key-Uranium-Player-Is-About-to-Shock-The-Market.html

0 Comments:

Post a Comment

<< Home