Jeb Handwerger | Jul 12, 2013 03:39AM ET
A recently released documentary, “Pandora’s Promise” explores the transformation of staunch anti nuke environmentalists into believers of the benefits of nuclear power. This is a must watch film as these activists believe that nuclear energy could really transform the world.
Governments around the world including most recently President Obama have been discussing strategies to address the climate crisis. Nuclear is the only source that can provide additional supply of base load power without hurting the atmosphere.
These environmentalists are seeing a major gap between fossil fuels and renewables like wind and solar. Renewables are unable to make up the gap alone. Coal, natural gas and oil demand is still growing.
Being anti-nuke is a dangerous policy in light of the rising demand for fossil fuels. Do not be surprised to see more mainstream environmental organizations support the development of next generation nuclear technologies that are safer, more efficient and cleaner.
The documentary debunks a lot of the nuclear myths that came out after Fukushima which caused a mass hysteria and knee jerk reaction by both the German and Japanese Government. Now two and a half years later Japan is turning reactors back on and Germany may soon make a pivot towards nuclear as electricity costs have skyrocketed.
This documentary should be watched especially by Anti-Nuke environmentalists. See the trailer below.
here.
In the report the author states, “Pele continues to demonstrate its ability to expand Eco Ridge, successfully adding 21.9m tonnes to its overall MCB resource (up 58%). Pele has also successfully outlined a large higher-grade starter zone which is likely to have a positive impact on project economics. The updated resource at Eco Ridge strengthens our belief that Pele’s current market valuation leaves room for upside, particularly considering the project’s advanced, pre-development stage, the completion of a positive PEA, and the demonstrated potential for further expansion. We believe Pele is positioned for success as a developer of a geopolitically secure supply of U3O8, Critical REO and scandium oxide. We maintain our view that if investors believe in a sustained material price appreciation of U3O8 and REOs beyond current levels, GEM is a prime investment candidate based on its historic correlation (and leverage to) uranium prices, sizable near-surface resources, well-scoped project, supportive jurisdiction and well understood path to permitting and development.”
Check out my recent interview on the significance of the recent resource update with Pele Mountain’s CEO Al Shefsky below:
Disclosure: Author/Interviewer is a shareholder of Pele Mountain and the company is a sponsor on this website.
Below you may find the video.
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