Nuclear energy future, Fukushima safe, says Borshoff of Paladin uranium company
Mr Borshoff has also defended the safety of nuclear power and, in particular, the plant at Fukushima
Uranium miner slams nuclear ‘media frenzy’ – ABC News (Australian Broadcasting Corporation). Elysse Morgan Mar 17, 2011 The chief executive of one of Australia’s biggest uranium miners, Paladin, has slammed the media and share traders for their treatment of nuclear focused businesses in the wake of the Japanese earthquake.
Shares in the company plunged 33 per cent in trade over Monday and Tuesday, recovered a little on Wednesday and are now on the slide again, down 6.8 per cent to $3.45 by 3:25pm (AEDT)……..
The company insists the outlook is still positive for atomic energy suppliers.
The company says there are 440 active nuclear reactors in the world, and another 62 are already under construction.
Mr Borshoff says renewable energy is out of the question to supply enough energy, and gas will not be able to fill the hole left by coal, making nuclear power essential…….
Mr Borshoff has also defended the safety of nuclear power and, in particular, the plant at Fukushima.Uranium miner slams nuclear ‘media frenzy’ – ABC News (Australian Broadcasting Corporation)
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