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i wish i were so sanguine...italy was about to roll over for them under burlesquoni.

thing is there's a split in the road coming up for big energy investment/subsidies, one leads to alternative/renewables, the other goes nuke.

germany has a spirited defence against them, so much so even merkel had to fake it, but the rest of europe.... i hope so.

energy costs being so fundamnetal to the sucess of any industrial efforts, no serious investments will happen here in europe until this is resolved, and the obstacle is the lobbying power from the enrgy cartel vested interests, who count on a passive, scared and ignorant public.

as you said upthread, the nuke road will need a police state to ram it down the public throat.

as renewables get cheaper every day, the dark side has to move soon, or the narrative will change too much and they will have lost the bet to nuclearise the planet, using global warming as cudgel to get 'er done.

'The history of public debt is full of irony. It rarely follows our ideas of order and justice.' Thomas Piketty

by melo (melometa4(at)gmail.com) on Wed Sep 12th, 2012 at 08:11:08 AM EST
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