Australia’s top nuclear business closes down – “a waste of time”

Top trio turn off N-switch

(for more Australian news go to nuclear news Australia  )

Herald Sun Cameron England

July 23, 2009 12:00am

THREE of Australia’s best-known businessmen have abandoned plans to build the country’s first nuclear power plant in the face of Federal Government opposition to the controversial energy source.

Fairfax Media chairman and former Liberal Party treasurer Ron Walker has applied to deregister Australian Nuclear Energy — the company he set up with mining identities Robert Champion de Crespigny and Hugh Morgan — three years after its creation.

Mr Walker said yesterday a lack of government support had scuttled their ambitions. “Government was very clear that they would not allow nuclear energy in Australia,” he said.

“We decided that it was just a waste of our time…………

…………Mr Walker applied to shut down ANE, which investigated the possibility of building a nuclear plant in either Victoria or South Australia, on May 2

http://www.news.com.au/heraldsun/story/0,21985,25821675-664,00.html

July 22, 2009 - Posted by Christina Macpherson | AUSTRALIA - NATIONAL, business, uranium | antinuclear, nuclear, nuclear wastes, radioactive, TOPICS, uranium