As the fallout from the nuclear disaster in Japan continues to worsen, many countries have announced moratoria on further nuclear power development. This is sensible. However the cynic inside me suspects that once the horror dies down, at least in the public consciousness, nuclear power plant construction will be back on the agenda.
Surprisingly (to me, anyway), green stocks have experienced a bounce as a result of Japan’s nuclear crisis. Green technologies tick a box that nuclear fails to, but – as much as it pains me to say it – I can’t see green energy being a long-term winner out of the Japanese disaster. Here’s why: Continue Reading