Wednesday, October 17, 2012

Argentina

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France, which gets nearly 80 percent of its electricity from nuclear reactors, has been particularly aggressive in marketing its atomic expertise. Within the span of a few weeks in December and January, President Nicolas Sarkozy visited Saudi Arabia, the United Arab Emirates, Qatar, Libya, Egypt, Algeria, and Morocco, peddling French nuclear technology. And he is in hot pursuit of other markets as well. Late last year, Areva, which is largely state-owned, inked a deal to build two reactors for China, at a cost of $12 billion. India is its next major target; and Indonesia, Argentina, Chile, Vietnam, and Turkey are considering the company's wares, too.
There are many reasons why countries like France would sell nuclear power (to build international prestige, to gain a strategic toehold in the Middle East, to make money) and many reasons why countries would buy it (growing energy demand, national prestige, anxiety over the supply of hydrocarbons from temperamental dictatorships). But, as Atomic Anne's talk at Harvard implied, there's one justification for nuclear power that the industry and its consumers will increasingly deploy to disarm critics: climate change.