Prior to the Fukushima nuclear power plant disaster in Japan, the nuclear energy industry was poised for a global expansion of unprecedented size. Proponents of nuclear energy still see a bright future in a world where electrical demand grows hand in hand with a burgeoning global middle class and everybody wants to reduce CO2 emissions. But vociferous industry opponents now claim nuclear power has been dealt a Chernobyl-like deathblow. Unsurprisingly, most pessimists are found in the advanced West -- witness Germany's decision to abandon nuclear power -- while most optimists are found in emerging economies such as China and India.
This presents an interesting problem for the United States, which by its very nature is far less likely to meekly accept its presumed historical decline than either Europe or Japan. If the West bows out of the nuclear energy expansion, it's only natural that China and India will turn to indigenous production to meet their ambitious schedules of new nuclear construction. That will leave the West lingering in an age of allegedly "clean coal" and revolutionary shale-gas "fracking" technologies, both of which come with more compelling environmental costs, while China and India could conceivably end up with more carbon-competitive industrial sectors to go with their unapproachably vast sums of cheap labor. ...
To read the rest, sign up to try World Politics Review
- TWO WEEKS FREE.
- Cancel any time.
- After two weeks, just $11.99 monthly or $94.99/year.
Request a free trial for your office or school. Everyone at a given site can get access through our institutional subscriptions.
- Global Insights: In State of the Union, Obama Should Not Forget Asia
- The Realist Prism: With No-Show in Paris, Obama Remains in Reactive Mode
- New Deals Shore Up China’s Stakes in Venezuela and Ecuador
- The Realist Prism: For Obama, It’s Now or Never to Define His Legacy
- Naval Ties, Economic Interests Drive India’s Outreach to Oman