Karthika Sasikumar

Articles by Karthika Sasikumar

1 December 2009

Despite economic downturn, nuclear energy commerce is still worrisome

Karthika Sasikumar

At the beginning of 2008, the nuclear power industry's euphoria over the much-hyped "nuclear renaissance" was in full swing. But as that year drew to a close, the hopes for a revival seemed delayed, if not derailed, due to faltering world economies. Little has changed this year to alter that prospect. As the global financial crisis has continued, demand for energy has plummeted along with the world's stock markets. Such news may help calm international security experts, who fear that a proliferation of nuclear energy know-how could lead to nuclear weapons proliferation.