Australian news, and some related international items

Senate Inquiry found big faults in Australia’s uranium industry

Dave Sweeney: Nuclear pain outweighs economic gain for South Australia THE ADVERTISER FEBRUARY 10, 2014 “…….Since the Fukushima accident began in March 2011 there have been repeated and wide-ranging calls for an independent review of the costs and consequences of the Australian uranium sector, here and abroad. Predictably – and sadly – these have been ignored by uranium companies, the industry’s lobby association and successive Australian governments.

The most recent independent assessment of the Australian uranium industry – a Senate Inquiry in October 2003 – found the sector was characterised by underperformance and non-compliance, an absence of reliable data to measure contamination or its impact on the environment, and an operational culture focused on short-term considerations.

The small economic gain from uranium can mean big pain. There is a compelling case that Australia’s uranium trade is a major source of domestic and international risks and that an independent inquiry is needed into its effects on the environment, health, safety and security.

SA is blessed with renewable energy resources and is well placed to become a national and indeed global leader in renewable energy production. Renewables are the fastest-growing energy sector in the world and already provide more global electricity every day than the contested, costly and contaminating nuclear sector.

Radioactive waste, legacy mine sites and risky reactors all last far longer than the shelf-life of any politician or the tenure of any industry group. Uranium mining and the wider nuclear industry are high-risk, low-return sectors that pose unique, unresolved and long-lived threats.

February 11, 2014 - Posted by | AUSTRALIA - NATIONAL, business, uranium

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