Earth Hour by Switching-Off TNB's Nuclear Plan(t)? (26 March 2011)

In conjunction with Earth Hour today, would you do your part by switching off lights from 8.30pm to 9.30pm? I heard people are talking about earth hour since weeks before, and many shopping malls and hotels are organizing some amazing events during this special dark moment. Actually, the idea of Earth Hour came out as a way to showcase a growing global community's commitment to taking environmental action and protecting the planet we are living in.


And, this year, the one-hour is just like a moment for us to remember the lost lives in Japan earthquake and tsunami disaster, which killed more than 10,000 lives. Of course, the nuclear radiation treat are still looming in Japan, and we really needs to evaluate the effects.

But, isn't nuclear power GREEN?

As I know, nuclear power is much more environmental friendly than Coal/Gas power plant. Although Hydro power is renewable, it is devastating to the nature when construction by greatly changes the topography of the surrounding area and sacrificing the habitat of animals.

However, Japan's latest nuclear emergency is a wake-up call for aspirant TNB who is planning to build out nation's first nuclear power plant by 2015. It is likely to be hot debate in parliament and will soon become an "political agenda" in the upcoming general election.

Electricity Capacity as at June 2010. (Tenaga Nasional Bhd)

Do we really need Nuclear Power?
As of June 2010, 91% of Malaysia's electricity is generated by either gas, coal and oil. This is totally not environmental friendly. Hence, in June 2009, the Malaysian cabinet decided to include nuclear energy as part of an energy option for electricity generation particularly in Penisular Malaysia for post-2020. With the treat of climate change and the depletion of fossil fuel resources, it is no surprise that utilities worldwide are putting the nuclear alternative back on the table until the Japan disaster recently.

Other than nuclear, many people think that solar, wind and biomass energy which is renewable is an good alternative. But, it is ridiculous if we are to talk about constant and stable energy production and competitive pricing. Please bear in mind that, the more expensive power produced by TNB will translate into higher electricity tariff to consumers.

www.financemalaysia.blogspot.com

In conclusion, I think Malaysia needs Nuclear power and should proceed with the nuclear power project for sustainable power supply to power up our nation, continue growing in the future. We should not lag behind and must plan ahead for nuclear power because nuclear power plant needs 10 years to build and commissioned. The main concern for Malaysians, however, is the lack of expertise and maintenance of nuclear power. Government should address this problem thoroughly, and once solved, everything would be smooth sailing.
Source: Tenaga Nasional Bhd


Comments

Post a Comment

Popular posts from this blog

"You Can Keep Your Existing Health Insurance"

I wondered about this statement at the time Obama made it.  Clearly, by changing all the rules of health care insurance and mandating conformity, it was unlikely that the vast majority of Americans would not find themselves forced by 'The Affordable Care Act' to have to deal with a completely different health insurance plan and completely different set of health care providers. I now understand what Obama meant.   He was speaking to his immediate family and (politician) friends.  They are exempt from the "Affordable Care Act."  Clearly what he meant to say was: "if you are exempt from Obamacare, like me and my family, you can keep your existing health insurance."  He never meant to mislead.
Read more

Why Gold and Silver? Why Online Store?

Image
Are you first time gold and silver buyers? Why don't you invest in these popular metals? If you did so, you have had a wonderful investing experience after 2008 global financial crisis. But, do you really understand these metals? Were they really precious (especially now)? Traditionally, gold and silver were one form of exchange. Because of the invention of fiat money, they were being turned into some short of "back-up" currency , in case our fiat money system go burst. It's natural when things go wrong, gold and silver tends to appreciate in value. In other words, people hold precious metals to preserve the value of their assets. 3 Reasons Why Gold and Silver... Still hot in demand , especially by emerging affluent Chinese. Traditionally, Chinese loves gold. They bought it for events such as new born baby, new year, wedding and even funeral ceremony. Strengthening USD ??? Yes. It's a correct reason also. Why? Because of news that US going to stop QE3, USD is str...
Read more

Things We Now Know

The poor are losing ground in the new Obama world.  The facts are showing up even in the halls of collectivist extremes like the New York Times.  The rich are getting richer and poor are being locked in place.  Big government is throttling the economy and the hopes and dreams of lower and middle class Americans. Today's Wall Street Journal's article by Simon Constable lays out some of the simple and obvious facts of the Obama era: "The richest 20% of households account for 38% of spending, according to government data for 2011, the latest available.  Compare that with 2003 when the top earners spent 26% of the total."  The article goes on to say..."it could get even worse."  It will. Who really benefits when the regulators strangle the banks?  Do banks really need to get much more conservative in their lending practices?  Why does the government know best?  How far can you stretch the FDIC guarantees before American banking is simply a subsid...
Read more