AUDIO The harsh economic facts contradict the Uranium Paydirt Conference’s hype
AUDIO Australia’s uranium industry is high risk, low return, says campaigner http://www.radioaustralia.net.au/international/radio/program/connect-asia/australias-uranium-industry-is-high-risk-low-return-says-campaigner/1123008?autoplay=1122972 29 April 2013 Australia’s uranium industry is high risk, low return: that’s the assessment of a report designed to expose the uranium industry’s promise of great economic reward. Its findings suggest uranium accounted for just 0.29 per cent of Australia’s export revenue between 2002 and 2011.
The report by the Australian Conservation Foundation calls for a national independent inquiry into the industry’s contribution to Australia’s economy and employment.The report comes as uranium advocates meet in Adelaide today for the annual Paydirt Uranium Conference.
Presenter: Richard Ewart
Speaker: Dr Jim Green, national anti-nuclear campaigner for Friends of the Earth in Melbourne and co-author of the report, ‘Yellowcake Fever: Exposing the Uranium Industry’s Economic Myths’
Excerpts from this audio discussion
Uranium mining is a negligible component of Australia’s export industry…………..Government is listening to corporate interests.
Almost all of Western Autralia’s uranium projects are on hold.
88% of Australians think we should sell uranium only to countries that are part of the Nuclear Non Proliferation Treaty
The Uranium Paydirt Conference in Adelaide is bound to hype up the uranium market. But the nuclear renaissance never happened…….Uranium exports would need to double to catch up to Australia’s exports of milk and cream. …..Globally uranium is a small industry. The hype is not matched by reality
Where is nuclear power sector going in Asia?
One or two countries will develop nuclear power for the first time. Vietnam apossibility. Indonesia not likley Growth in India and China from a very low base – modest growth that will be offset by decline in Europe and stagnation in North America. Both countries have a long history of exaggerated claims about nuclear growth.
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