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ENERGY

Seven billion people ‘a catastrophe’: professor

“We’re behaving like spoiled egoists,” a University of Bergen zoology professor has said of a world too busy to contemplate the perils of the world's rocketing population growth.

Seven billion people 'a catastrophe': professor
Photo: SimplyCVR

As the world’s population topped 7 billion people on Monday, Professor Harald Kryvi said something needed to be done to counter the strain on the environment.

“There are two things we need to do — We must dare to discuss the problems that come from population growth, and we must provide (birth control) to areas where growth is biggest,” Kryvi told newspaper Bergens Tidende.

The professor points to the large-scale stripping of resources and climate change as warning signs that there are too many people on Earth.

“People talk about the effects of climate change. They don’t talk about the cause,” he said.

Politicians, he warned, were too fearful of “religious leaders” to begin talking about the need for more contraception in some parts of the world.

To set an example, Norwegians should not have more than two children, he said.

Norway’s burgeoning oil industry, meanwhile, openly cites population growth as the primary reason for its healthy economic outlook, as well as the need to produce more petroleum.

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BUSINESS

France’s EDF hails €10billion profit, despite huge UK nuclear charge

French energy giant EDF has unveiled net profit of €10billion and cut its massive debt by increasing nuclear production after problems forced some plants offline.

France's EDF hails €10billion profit, despite huge UK nuclear charge

EDF hailed an “exceptional” year after its loss of €17.9billion in 2022.

Sales slipped 2.6 percent to €139.7billion , but the group managed to slice debt by €10billion euros to €54.4billion.

EDF said however that it had booked a €12.9 billion depreciation linked to difficulties at its Hinkley Point nuclear plant in Britain.

The charge includes €11.2 billion for Hinkley Point assets and €1.7billion at its British subsidiary, EDF Energy, the group explained.

EDF announced last month a fresh delay and additional costs for the giant project hit by repeated cost overruns.

“The year was marked by many events, in particular by the recovery of production and the company’s mobilisation around production recovery,” CEO Luc Remont told reporters.

EDF put its strong showing down to a strong operational performance, notably a significant increase in nuclear generation in France at a time of historically high prices.

That followed a drop in nuclear output in France in 2022. The group had to deal with stress corrosion problems at some reactors while also facing government orders to limit price rises.

The French reactors last year produced around 320.4 TWh, in the upper range of expectations.

Nuclear production had slid back in 2022 to 279 TWh, its lowest level in three decades, because of the corrosion problems and maintenance changes after
the Covid-19 pandemic.

Hinkley Point C is one of a small number of European Pressurised Reactors (EPRs) worldwide, an EDF-led design that has been plagued by cost overruns
running into billions of euros and years of construction delays.

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