Rio Tinto shareholders not convinced on nuclear future
Tom Albanese, Rio’s chiefexecutive, said uranium from the Ranger mine had been exported to Japan, although commercial confidence prevented him from confirming whether it was being used at Fukushima…
”Even before the Fukushima disaster, investors and insurers in the US, for example, could not be coaxed to back nuclear power.” – Scott Ludlam
A nuclear Australia is inevitable: Rio chairman, Sydney Morning Herald, Courtney Trenwith, May 6, 2011, A NUCLEAR Australia is inevitable if the country is serious about reducing carbon emissions, according to the chairman of Rio Tinto, Jan du Plessis…
…Shareholders grilled executives over the company’s responsibility in the Fukushima nuclear reactor meltdown in March and the leaking of millions of litres of ”radioactive contaminated” water from the Ranger uranium mine – operated by Rio subsidiary Energy Resources Australia – which polluted Kakadu National Park in the Northern Territory earlier this year.
Tom Albanese, Rio’s chiefexecutive, said uranium from the Ranger mine had been exported to Japan, although commercial confidence prevented him from confirming whether it was being used at Fukushima…..
Senator Scott Ludlam of the Greens said Mr du Plessis’s comments were ”irresponsible”.
”Rio Tinto is not interested in solar energy because it doesn’t own the sun, so they’ve got no interest at all in promoting the alternative [to nuclear energy],” he said. ”It’s pure self-interest [while] pretending to be an energy policy expert.”
Senator Ludlam said the growth in renewable energy capacity, including from wind, biomass and solar power, had outstripped nuclear capacity each of the past 15 years and last year surpassed nuclear for the first time.
”The Rubicon has been crossed for nuclear power – it is a dying industry and there is no turning back,” he said.
”Even before the Fukushima disaster, investors and insurers in the US, for example, could not be coaxed to back nuclear power.” http://www.smh.com.au/business/a-nuclear-australia-is-inevitable-rio-chairman-20110505-1ea83.html#ixzz1LaYdhrt8
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[…] Tom Albanese, Rio's chiefexecutive, said uranium from the Ranger mine had been exported to Japan, although commercial confidence prevented him from confirming whether it was being used at Fukushima… ''Even before the Fukushima disaster, investors and insurers in the US, for example, could not be coaxed to back nuclear power.'' – Scott Ludlam A nuclear Australia is inevitable: Rio chairman, Sydney Morning Herald, Courtney Trenwith, May 6, 2011, A … Read More […]
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