Antinuclear

Australian news, and some related international items

South Australia’s nuclear waste dump plan – a reckless gamble?

scrutiny-on-wastes-sa-bankruptEditorial: Let’s weigh up cost of nuclear dump The Advertiser September 11, 2016 “…….The final royal commission report, delivered four months ago, projected that there were immense potential profits over the life of the dump which could be churned into investments and produce huge wealth.But far more needs to be understood about how that money comes in and what liabilities we would be accepting under such a deal.

Evidence to a State Parliament committee investigating the dump is that outlays of about $600 million would be needed to identify a site before SA could lock in contracts and get the heavy work of facility building under way.

This is a gamble the state is unlikely to take with its own money. It is potentially a small price to pay for the possible riches to be derived from the dump, but it would be reckless for SA to throw that money away on the mere hope it stands up……….http://www.adelaidenow.com.au/news/opinion/editorial-lets-weigh-up-cost-of-nuclear-dump/news-story/3f8969e6ed1469952596a6ba192d3235

September 12, 2016 - Posted by | General News

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