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Environmental issue in Business - Essay Example

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A shift to nuclear energy – is it feasible? A shift to nuclear energy – is it feasible? How can economic, financial, social and environmental considerations help in shifting to nuclear energy? Energy efficiency has a boundary. The population of a country determines its energy consumption…
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Environmental issue in Business
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Download file to see previous pages Resources may be available in abundance but they are not limitless. To cope up with the growing demand of energy consumption, alternate ways of energy are used and these nuclear plants are costly but give more energy than common fossil fuels. Also, generally they are less hazardous than fossil fuels which emit higher levels of C02. Here are a few benefits in comparison with fossil fuels. The paper discusses in detail the various elements of fossil fuels along with the benefits that can be derived from nuclear forms of energy. Fossil fuel plants emit higher amounts of carbon dioxide, sulfur dioxide and nitrogen dioxide. It leaves trails of soot and arsenic which are poisonous to humans as well as to other forms of living beings. If compared the process of mining to the exhaust material generated by a nuclear plant, the mining process emerges as a filthy process with higher emissions of CO2 due to the burning of coal. The cost of a nuclear plant is high than a coal mine but the raw material used to produce electricity is barely minimum. The uranium needed to get a nuclear reaction is less than the amount of coal or gas needed to heat up turbines to produce friction and generate electricity. Also, nuclear plant can run aircraft in minimum resources. The nuclear energy is generated internally in the raw material and thus can be used successfully to generate large amount of electricity as needed. The nuclear power consumes fewer resources. As a result, it is assumed as the safest form of power generating technology as compared to uranium that has limited usage in generation of electricity. Another big question that is looming large is the possibility to benefit from the renewable technology to achieve efficiency in energy consumption. However, the technology to generate renewable energy is still in its nascent stages of development. Until it is developed and made fully functional, the levels of CO2 needs to be kept at low and at the same time, cater to the needs of the society. Thus, ensuring that the CO2 gas emissions are restricted from further damage to the Ozone layer that gives rise to global warming (Storm van Leeuwen, 2007). Nuclear power can be used as a mode of transport, to generate electricity, to run ships, to generate and distribute electricity with minimum resources involved. This is going to help in the long run as fewer resources will be exhausted and the fossil fuels that are not much in quantity can be saved. The area of using nuclear energy has been explored to the very minimum and is an area that can help the world in conserving the already limited resources that we have. The Nuclear Power Plants have countless benefits. At the same time, it poses serious challenges to the economies. For instance, the primary by-product of the nuclear energy is the production of radioactive material which is in large quantity. When the atom is split, it creates isotopes as well as plutonium that is a heavier form of atom. Importantly, the process of formation of nuclear energy does not require these atoms which makes them nuclear waste (Greenpeace International, 2009). Furthermore, the nuclear waste is highly radioactive even though its quantity is less than the quantity of the waste of a Fossil Fuel Plant. This radioactivity can be dangerous to human kind much more than the waste material being left over and being emitted by fossil fuels therefore, it becomes a question as to how this radioactive mater ...Download file to see next pagesRead More
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