n-deal is no good- read following - VERY IMPORTANT by IITMViper on Jul 06, 2008 12:44 AM Permalink | Hide replies
the hype surrounding the n-deal that it being a panacea which would solve all our energy problems os all trash perpetrated by malicious people under the cia's payroll.
1. Uranium can only be used in the generation of electricity. Whereas oil imported by us is used in transportation field. So, the nuclear reactors even after being set will no way reduce our dependence on oil. It would only lead to supplanting coal,gas currently being used to generate electricity.
2.World over, construction of nuke reactors is diminishing. So, the business involved in them are under heavy loses. That explains them pressuring the US govt to find them a market to sell their products in india.
3.Uranium prices have increased 10 fold in the last 6 years, much less than oil speculation. Infact uranium prices are monopolistic controlled by a few cartel of govts. That is uranium prices can go up and down drastically at the whims and fancies of this small cartel.
