Friday, August 6, 2010

Arab States Go Nuclear to Close Power Gap, Catch Up With Iran

Map of the territory and area covered by prese...Image via Wikipedia
http://www.bloomberg.com/news/2010-08-05/arab-states-take-nuclear-option-to-close-power-gap-catch-up-with-iranians.html
A shortage of natural gas has Saudi Arabia and the United Arab Emirates looking to nuclear power to meet their increasing energy needs. The U.A.E. has already signed a $20 billion deal with a South Korea company to build four facilities, while Saudi Arabia recently announced it will develop a city centered on nuclear and renewable power. The shift, analysts say, will also serve as preparation for an era when countries are sanctioned for greenhouse-gas emissions. Bloomberg
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