Copenhagen’s winners = Australia's Gas and Uranium companies


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Uranium is mentioned in today’s Eureka Report Copenhagen’s winners and losers…


“Speeches delivered by Barack Obama have made one thing abundantly clear. Some kind of worldwide agreement on carbon emissions will be reached at the global climate summit in Copenhagen in December. Kevin Rudd has been equally direct: Australia will almost certainly fall in behind the US.”

“It’s enormously bullish for the producers of gas and uranium. It’s going to make life incredibly difficult for the fossil fuel guys, especially coal. It’s probably going to be the biggest turning point in the Australian energy market in 20 years.”

“The companies producing gas are in the box seat. In a low-carbon economy, gas is the fuel of choice.”

“Right behind the gas companies are the uranium players.”

The same edition has an excellent article on OIL supply and costs of new production: “Running on empty” by By Gerard Minack.

It seems that Australia the lucky energy country is going to be in the box seat.

For a bird’s eye view of the investment and other aspects:



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