Randy McDonald (rfmcdpei) wrote,
Randy McDonald

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[LINK] Why Iran Wants Nuclear Energy

Back in November 2004 at GNXP, TangoMan wrote a persuasive analysis of Iran's economic predicament. Iran needs more economic growth to create jobs for its baby-boom generation; Iran needs more energy to fuel this economic growth; if Iran uses its oil and natural gas to generate power, it will lose capital that it could otherwise have gained from exporting its hydrocarbon fuels, capital that it needs to replace shortfalls in foreign investment. If Iran was a happy secular democracy, I doubt that anyone would complain about its nuclear program. Unfortunately, it isn't. This creates problems.
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