Sweden Had to Rescind Its Pledge to Replace Completely Nuclear

question 11

Multiple Choice

Sweden had to rescind its pledge to replace completely nuclear power with renewable energy because __________________

• A)the Copenhagen Conference of 2010 rescinded the Kyoto agreements
• B)the pollution from wind and hydroelectric generators had contaminated groundwater
• C)they found a way to rapidly detoxify nuclear wastes
• D)renewable energy was taking longer to develop than expected
• E)there was a strong public demand to return to fossil fuels

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Definitions:

Market Interest Rate

The prevailing rate of interest available in the market on loans, bonds, and other financial instruments.

Semi-Annual

Occurring twice a year, typically every six months.

Long-Term Notes

Debt securities with a maturity date longer than one year, representing borrowed funds that need to be repaid.

Fixed Rates

Interest rates that remain constant over the lifetime of a financial instrument, unaffected by market fluctuations.