dcraig1: " the world will take the advanced nuclear route because there is no other option."
When you say "the world",.who exactly do you mean?
Pretty much what I said. Most likely lead by some of the Asian countries in particular China, India and Sth Korea. Additionally Russia. The biggest build of current Generation III nuclear power is in China with 70 GWe being built by 2020. Sth Korea is positioning itself to become a significant exporter of nuclear technology. It has recently signed an agreement to build 5 GWe of nuclear capacity in the UAE (which incidentally has shedloads of gas reserves).
I don't know when or how fast it's likely to happen. And it depends on Gen IV technology and engineering which can "burn" existing waste, depleted uranium etc for fuel and generates vastly less waste. And potentially be factory built with smaller and modular reactors leading to significant cost reductions. When it is realized renewables are not going to cut it, there will be a rush to nuclear. By that stage, Asia will very likely be the technological and engineering leader - despite the fact that the best R&D so far has been done in the US.
"There will be no carbon currency or energy rationing."
I hate to **** on your fire,..but it's already started,..lol
http://news.bbc.co.uk/1/hi/business/8389880.stm
There is already a kind of electricity "rationing" called off peak rates. The point of so called smart metering is to attempt to match demand to the supply from the irregularity and unreliability of renewable sources - principally wind and solar. My prediction is that it's not going work like it says on the tin and the estimates for improved efficiency will prove to be rather optimistic.
I will modify my statement about rationing. There may be rationing if the grids become unstable because the coal burners have been turned off and there is an over reliance on wind and solar with inadequate shadowing from reliable sources such as coal . I don't think that is going to happen though, because the experience will be that
the electricity grids (smart or otherwise) cannot be operated reliably in that way. The coal burners are not going to be turned off unless replaced by nuclear. In the absence of the nuclear alternative, humans will just continue to burn fossil fuels until the planet is thoroughly cooked.
There certainly won't be a carbon currency. Emissions trading is just another form of commodity trading. A carbon tax would be much better.