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  • Essay / Disadvantages of nuclear energy - 1472

    Those without economical energy are at a disadvantage in an increasingly globalized economy. The current Japanese nuclear crisis once again highlights the risks inherent to this essential energy source. But this should not deter countries from using or harnessing nuclear energy to generate electricity, given the threat of climate change, health risks from fossil fuels and underdevelopment renewable energies. The events at the Fukushima Daiichi nuclear power plant should instead ensure that nuclear power plants meet the highest standards of safety and protection against natural disasters. More than 30 countries have commercial nuclear power plants. Two dozen others are interested, including several in earthquake-prone areas like Indonesia, Malaysia and Turkey. If energy is expensive due to insufficient supply or high production costs, the consumer suffers. This can result in lower productivity, slower business and employment growth, lower wages and lower living standards. Energy is an active part of everything we do or do. About 14 percent of all electricity produced in the world comes from commercial nuclear power (Tabak 129). Some projections suggest that by the end of this century, electricity will account for 80 percent of energy consumption. Much of this increase will come from the development of electric vehicles. The world must increase its energy supplies by 350 percent by the end of this century to meet the growing expectations of budding citizens. According to a 2008 study, the planet consumes approximately $16 billion in electricity per day (Miller 110-115). Although estimates vary, nuclear power may become the majority of energy production. In fact, even in terms of share of electricity generation, nuclear power will remain well behind coal and gas combined without the development of nuclear power generation..