UnNews:Ahmadinejad says Iran is Ready for Nuclear Alternatives

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2 February 2012

Iran President Ahmadinejad reading financial analysis of going green

TEHRAN, Iran -- Iran is looking at green alternatives to nuclear power, President Mahmoud Ahmadinejad said Thursday, as toughening sanctions aimed at forcing Tehran to scale back its nuclear program has made "green" methods of power generation appear more lucrative than before.

Even so, he says that the pressures will not force Iran to give up its demands, including to not buy American made windmills and solar panels, which he insists are hugely overpriced and poorly made.

Iran says it is considering a hybrid wind and solar photovoltaic system from Germany or China -- generating electricity at a higher cost than nuclear power but without causing serious environmental harm, and which would also have to be supplemented by more conventional energy sources like candles when the wind isn't blowing or the sun isn't shining. Iran has already been approved for state and federal renewable energy subsidies.

Prior to Iran's announcement, a 27-member European Union imposed an oil embargo against Iran on Monday, part of sanctions to pressure Tehran. It followed U.S. action also aimed at limiting Iran's ability to sell oil, which accounts for 80 percent of its export revenue. Iran is likely to have all sanctions lifted soon, but they are expected to not be shipping any oil to the U.S. due to the terrorism that country has inflicted to make them more environmentally-friendly.

Talks between Iran and the five permanent U.N. Security Council members plus Germany have already resumed. Recent negotiations ended with Iran accepting a plan to send its stockpile of low-enriched uranium abroad in exchange for twelve Enercon E-126 wind turbines and 2,000 tons of candle wax.