Asia going nuclear amid rising oil prices - Yahoo! News: "ULSAN, South Korea - Led by fast-growing China and India, Asia is going nuclear in a big way to feed its ravenous appetite for energy.
The strains of economic growth are already showing. Energy shortages have forced Chinese factories to scale back production, and farmers in India often have power for only half the day. Both countries say their future growth is at risk unless they diversify their energy mix.
So does
South Korea, where Yoon Ho-taek scans a construction site the size of 10 football fields in the southeastern city of Ulsan, points to what looks like a partly built amphitheater, and declares: 'The future of nuclear power is bright.'
South Korea, the world's second biggest coal importer and third biggest oil importer, already depends on nuclear reactors for 40 percent of its power and is talking of increasing that to 60 percent by 2035.
Yoon's company, Korea Hydro and Nuclear Power, is building four reactors an"
Sunday, July 09, 2006
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