Cameco confident on uranium market’s future
Investor interest will eventually return,…..CEO Jerry Grandey said that he did not anticipate “significant direct effects on Cameco’s business in the short or long-term…….The uranium we are selling today fuels existing reactors that continue to operate, safely’’
Flicker of hope for uranium miners, The Age, Barry FitzGeraldMarch 16, 2011
The big three of ASX-listed uranium stocks – Paladin (ASX:PDN), Extract (ASX:EXT) and Energy Resources of Australia (ASX:ERA………….There are some real doubts that the world needs the sort of growth in uranium supplies that was underpinning the fancy market values of those companies already in production (like Paladin and ERA), or those with a big world-class deposit that would get in to production before long (like Extract). Continue reading
Pro nuclear marketers don’t want to understand Risk Management
This guy, Patrick Mckenzie, doesn’t seem to have any clue about Risk Management. In risk management you weigh up 2 things:
1. the probability of an accident
2 the likely consequences of the accident
In the case of nuclear power, the probability of an accident is very slight, but the likely consequences are huge. That is why insurance companies will not insure nuclear plants.
Let’s keep the Japanese earthquake in perspective, The Age, Patrick McKenzieMarch 16, 2011 “…..There is a lot of panicked reporting about the problems with Tokyo Electric’s nuclear power generation plants in Fukushima……The tremendous public unease over nuclear power shouldn’t be allowed to overpower the conclusion: nuclear energy, in all the years leading to the crisis and continuing during it, is absurdly safe.
Grim outlook for nuclear radiation disaster, less bad for Australia
Dr Caldicott said any fall-out was unlikely to affect Australia, though the death toll in the northern hemisphere could be severe.
“Australia is probably not going to be affected by fall-out because the northern and southern air masses don’t mix.”
Caldicott: Japan may spell end of nuclear industry worldwide | Independent Australia, 16 March 11, – ‘The situation is very grim and not just for the Japanese people’ One person who is in no doubt about the seriousness of the incident is prominent anti-nuclear campaigner, Dr Helen Caldicott. Independent Australia spoke exclusively to Dr Caldicott yesterday as she was in transit to Canada to speak at a hearing into a proposal to build four new power plants in Darlington, Ontario. The situation is very grim and not just for the Japanese people,” said Dr Caldicott. Continue reading
True hazards of Japanese nuclear accident radiation have been understated
The quality of information from the Japanese has descended into farce, with simultaneous claims that radiation levels are harmful in the Chernobyl-sized exclusion zone but did not constitute a threat to health. This follows the patently dishonest misuse of radiation exposure metrics used for the first 3½ days of the crisis, which understated the real levels by 1000 or three orders of magnitude.
Japan’s nuclear farce, Crikey, 17 March 11, by Ben Sandilands A plume of radioactive particles extending into the stratosphere from the Fukushima Daiichi reactor complex makes a mockery of claims that Japan’s nuclear crisis isn’t comparable to the Chernobyl disaster in 1986. Continue reading
1 This month
of the week – Disrupting War & Militarism in Oceania. Active solidarity. Radical practice.
Antinuclear 