Contributor Since 2010
There is a major conundrum facing the world today, the handling of which could have an impact lasting for centuries and affecting everyone on the planet.
• Industrialization is spreading rapidly, making a growing list of developing nations hungry for more energy.
• For many of these countries, the most cost effective source for the volumes of energy will be coal.
• The result will be a continuation of what we are already seeing, a dramatic rise in CO2 emissions, in spite of emission improvements from industrialized nations.
• This will create still more pressures on industrialized nations to reduce carbon emissions.
The problem is that many developing countries have no intention of significantly scaling back their growth to meet clean energy goals, and industrialized countries are reluctant to pick up the resulting slack. Nevertheless, through an increased use of natural gas and other measures, the U.S. has managed to reduce CO2 emissions over the past decade. During the same period, global CO2 emissions jumped by over 28%. Huge increases from China and Asia, along with the Middle East and Africa, easily swamped any gains made in the U.S. The inevitable conclusion is that CO2 emissions are on their way up, regardless of any success America may or may not have in keeping emissions down, bringing with it any and all associated global warming consequences. Most recently, regulatory pressures have increased, with a bill proposed by the EPA which calls for 84% of all electricity generated in the U.S. to be produced using clean energy sources.
There is, however, one viable path that could make a real difference, because it represents the only carbon clean major energy source proven capable of providing the levels of energy needed around the world. That path is nuclear, and, in spite of the highly publicized mistakes made at Japan's Fukushima power plant, it still represents the only workable way to make significant and timely progress in the battle against global emissions. No other solutions are both carbon clean and big, it's that simple. The world may not like the answer, but it must inevitably turn to it if the levels of reductions being called for are to be met.
From an investor's standpoint, that is why Uranium Energy Corp., a progressive and well-founded uranium mining and processing company, should be on every serious energy investor's consideration list. UEC has key advantages over its competitors. The company has one of the most comprehensive databases of uranium exploration and mining activity in the country, covering decades of mining activity by some of the biggest names in the industry. UEC has skillfully used this data to identify and acquire the best prospective sites, which it continues to develop. Their current portfolio is rich with uranium, and they are also one of the few companies that has its own fully licensed and permitted uranium processing plants, located in Texas near the company's key projects.
For more information, see the company website at www.UraniumEnergy.com
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