Sunday 9 June 2013

Dividend Chaser on Risk of solar storm in 2015

(From Article)

LONDON - The risk of a catastrophic solar storm that would leave countries including the United Kingdom and United States without electricity for days or even months will peak in 2015, a new report claims.

The study, a joint venture from researchers at Lloyd’s of London and Atmospheric and Environmental Research (AER) in the US, details a dystopian scenario where a shortage of electrical transformers would leave Western nations without electricity for months because of the time needed to build replacements.

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