American firms lag as world prepares for big crunch in supplies
(NEWSER) - While we’re worrying about a spike in oil prices, the rising cost of another energy source is being largely ignored: uranium. Last month, the nuclear power source reached $73 a pound, a three-year high—and in the next 10 years, it could approach its all-time high of $136 a pound. While the world uses 180 million pounds of uranium yearly, it produces just 140 million; and an international “nuclear renaissance” is only making matters worse, Fortune reports. More»
