Global Warming, Nuclear Power and Resurgence of Renewable Energy: A Political Economic Analysis of the Major Issues in the Choice of Energy Supplies with Special Reference to India
21 Pages Posted: 8 Jul 2008
Date Written: July 8, 2008
Abstract
Arguments in favor of nuclear power have been revived in recent years especially in emerging economies like India. The proponents of the nuclear power have put three arguments to justify their demand. These are: (a) Nuclear energy is safer today due to induction of better and safer technology. (b) Nuclear energy is a better option for mitigation of carbon emission and for combating global warming. (c) India needs nuclear energy to sustain its projected rate of economic growth.
The paper is divided into two sections. The first section focuses on the above three issues. The second section begins with a brief discussion on the alternative energy initiatives taken in different countries of the world, especially in Europe. This section also highlights the alternative energy options that are still open to India but not yet considered by the energy planners of the country.
Keywords: climate change, nuclear power,political economy, India,renewable energy
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