Antinuclear

Sinking prices, not the Greens, threaten Australia’s uranium industry

“In contrast to claims put out by the uranium industry about its supposed financial benefits, we have seen proposed uranium projects on increasingly shaky financial ground.

“They won’t admit it, but right now volatility in global uranium prices is probably a bigger worry for the industry than the Greens,”

Greens to Stick to Uranium Mining Ban Policy, Mathaba, 15 Sept 10, The Australian Greens have confirmed they will continue to push for a ban on uranium mining across Australia, in line with long-held Greens policy.“The Greens have never used their balance of power in the past to do secret backroom deals or “cross-trades” on unrelated policy issues – and neither will we do so in the future,” Greens Senator for WA Scott Ludlam said.
Senator Ludlam’s comments follow suggestions by an unnamed mining executive in today’s Australian newspaper that the Australian Labor Party and Greens will do secret backroom deals.

“The Australian Greens have always made as public as possible our opposition to uranium mining, nuclear power, nuclear waste and nuclear weapons and we intend to continue to keep on raising our concerns, including about the export of Australian uranium to nuclear weapons states such as China, as strongly as possible,” Senator Ludlam continued.

“This should come as no surprise to the uranium industry – perhaps they should instead stop to consider why 1.7 million Australians voted for the Greens’ explicitly stated opposition to uranium mining and nuclear power in Australia.

“In contrast to claims put out by the uranium industry about its supposed financial benefits, we have seen proposed uranium projects on increasingly shaky financial ground.

“They won’t admit it, but right now volatility in global uranium prices is probably a bigger worry for the industry than the Greens,” Senator Ludlam concluded.

Greens to Stick to Uranium Mining Ban Policy

September 15, 2010 - Posted by Christina Macpherson | General News, uranium | antinuclear, Australia, nuclear, nuclear costs, uranium