2007-03-13

Finaly Americans understood where the future is...

'Big Oil' must go nuclear, says US bank

Shell and BP will have to go nuclear if they want to remain 'supermajor'leaders of the global energy industry. That is the startling finding of amajor report into the energy industry in the age of climate change byJPMorgan. The US investment bank envisages that 'Big Oil' will play asignificant role in the future redevelopment of nuclear power. 'If thesupermajors of 2007 want to be supermajors in 30 years' time they have to beseriously thinking about the crossover from hydrocarbons to hydrogen,' hesaid.


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