Australian media in its own little bubble of nuclear/uranium enthusiasm
Oblivious of the USA nuclear industry crisis, oblivious of the uranium glut, the good old Australian media cheerleads on.
If you tap “nuclear” into Google News search – you will find page after page telling you how in Australia, nuclear power is becoming more and more popular, scientists love it, it will save Australia $billions.
If you tap “uranium” into Google News search – there will be even more pages, all even more enthusiastic about how you’d better invest in uranium NOW – because clearly, it has such a great future!
That is the Australian news media bubble.
Where does this media enthusiasm come from? Well – for nuclear, it’s the usual suspects, South Australia’s stooges for the nuclear industry, and a couple of well-paid imported nuclear engineers. Why now – it’s a sign of desperation.
If the nuclear lobbyists are getting desperate, – that’s nothing to the poor old uranium industry. The spot price for uranium has collapsed to half what Toro Energy would need it to be, to make their Western Australian Wiluna
Project halfway viable. Now the term, or contract price for uranium is plunging too.
There’s a touching religiosity about Australia’s uranium lobby – they see this collapse as some kind of proof that Australia’s uranium industry will rocket up.
That’s OK for the Australian uranium and nuclear lobbies. But does the Australia media have to be so blindly subservient to those lobbies? Why doesn’t the Australian media notice what is happening overseas? Especially in the USA – original home and enthusiast for the nuclear industry?
See the articles below page, on what’s really happening to these industries. And -please do find the time to hear the splendid David Freeman (former head of the Tennessee Valley Authority) – in the Youtube presentation at right of this page
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