Egypt declares nuclear ambitions

[NNN0LHI]

http://www.smh.com.au/news/world/egypt-declares-nuclear-ambitions/2007/10/30/1193618880880.html

CAIRO: The President of Egypt, Hosni Mubarak, has announced that the country, which lacks the oil reserves of some of its Middle East neighbours, will build several nuclear power plants to meet rising energy demands.

His statement, made in a nationally televised address, seemed to have twin purposes: to overhaul an energy policy to keep pace with economic growth; and to support his son, Gamal, who has stressed the need for nuclear power and who many analysts regard as a frontrunner to succeed the 79-year-old president.

"We believe that energy security is a major part of building the future of this country and an integral part of Egypt's national security system," Mr Mubarak said on Monday in remarks at an electrical power plant under construction outside Cairo. "We have to face the fact that oil and gas are not renewable energy sources. And we also have to admit that we are facing a great challenge to meet increasing consumption."

The president said the program would seek the backing and help of the United Nations' International Atomic Energy Agency and countries such as the US, which gives Cairo nearly $US2 billion annually in military and economic aid.

[Tyler Durden]

1. Hey Cap't! Isn't that an ICEBERG off the St'board Bow?

Crunch.

You know something? Global Warming won't mean shit if we all glow in the dark and have an extra HEAD growing out of our asses.

[ben_meyers]

2. Do you mean like the French?

Do they glow in the dark? I haven't been there for years.

France derives over 75% of its electricity from nuclear energy. This is due to a long-standing policy based on energy security.
France is the world's largest net exporter of electricity due to its very low cost of generation, and gains over EUR 3 billion per year from this.
France has been very active in developing nuclear technology. Reactors and fuel products and services are a major export.

http://www.uic.com.au/nip28.htm

[krispos42]

3. So when are we invading Egypt? n/t