Despite Abbott, Liberal Coalition plans for nuclear power
“We believe people should be given facts, not hysteria”….So you’ll see
Australia under an Abbott government working with other countries as other countries develop their nuclear industries..”
Nuclear debate still open, Stock & Land, 14 July, 2010, “………… many in Australia’s uranium industry and the Coalition itself expect a debate about clean (?) energy supplies that will point towards developing a local nuclear capacity.
Opposition resources spokesman Ian Macfarlane has been open about the Coalition’s longer-term position. Continue reading
Anerican Indian tribes resist nuclear waste storage
Tribes: Nuclear waste can’t be stored at Hanford, Google hosted news, (AP) – 15 July 2010, RICHLAND, Wash. — Northwest American Indian tribes say highly radioactive waste cannot be permanently stored at the nation’s most contaminated nuclear site. Members of the Yakama, Nez Perce, Umatilla and Wanapum tribes on Wednesday addressed a commission appointed by President Barack Obama to examine U.S. disposal of radioactive waste. It was prompted by his decision not to proceed with the Yucca Mountain waste repository in Nevada…..
The Associated Press: Tribes: Nuclear waste can’t be stored at Hanford
USA-Australia Nuclear Co-operation Agreement
If not opposed by a joint resolution of disapproval or other legislation, then the agreement will be considered approved at the end of this time period.
U.S.-Australia Civilian Nuclear Cooperation: Issues for Congress, East Asia: , 14 July 2010, Mary Beth Nikitin, Bruce Vaughn Australia and the United States have cooperated in the peaceful use of nuclear energy since the mid-1950s. The framework for this cooperation is a civilian nuclear cooperation agreement as required by section 123 of the Atomic Energy Act. President Obama transmitted the proposed text of the latest renewal agreement to Congress on May 5, 2010, Continue reading
Australia’s uranium not looking like a good investment
Uranium Struggles FNArena News – July 13 2010 By Greg Peel “……..Given uranium being “out of favour” in Citi’s eyes, the broker last week downgraded its earnings forecasts for Australia’s two major pure-play uranium producers, Paladin Energy (PDN) and Energy Resources of Australia ((ERA)). Citi suggests the uranium market looks adequately supplied for now.
Paladin copped a 40% earnings forecast reduction in FY11-12 due to lower than expected spot prices and higher than expected costs, leading to a target price reduction from $5.40 to $4.40 (FNArena consensus $4.09). ERA’s cut is only 6-9% in FY11-12 given the offsetting drop in the Aussie dollar, but Citi’s target falls from $23.30 to $15.10 (consensus $16.92).
Pre election, Abbott dancing around on nuclear power
“We have no plans to promote nuclear power. We have no plans for local plebiscites. Nuclear power is not on the agenda at this time and I have no plans to put it on the agenda,” Mr Abbott said.
Poll-conscious Abbott dodges nuclear issue, Stock & Land, 13 Jul, 2010 OPPOSITION Leader Tony Abbott has been forced to rule out going to the federal election with any plans to promote the use of nuclear power as a solution to climate change despite support by some Liberal and National members of Parliament. Continue reading
Nuclear industry’s poor outlook – latest International Energy Agency Report
the nuclear scenario remains much the same as it was two years ago………..On the whole the 2010 Energy Technology Perspectives brings bad news for the nuclear industry
Bad news for nuclear in the International Energy Agency’s Energy Technology Perspectives report | Greenpeace International, 14 July 2010, Every two years the International Energy Agency, the ‘intergovernmental organisation which acts as energy policy advisor to 28 member countries in their effort to ensure reliable, affordable and clean energy for their citizens’, releases its Energy Technology Perspectives report. Continue reading
Big Mining’s removal of Rudd may cost them backlash
Julia Gillard’s quick fix essentially gave the big miners open slather to rewrite the new tax to suit themselves……Both BHP and Rio Tinto have acted entirely logically and within the law by attempting to minimise their tax and maximise their profits for shareholders. But the win in Australia, with their very public display of power, may cost them dearly elsewhere.
Big-talking giants may come down with a thud, Sydney Morning Herald, Ian Verrender, July 13, 2010 f the European Union had reservations about the iron ore tie-up between the mining giants BHP Billiton and Rio Tinto, it no doubt would have been stunned by Tom Albanese’s extraordinary remarks in London last week…….. Continue reading
Did Notre Dame University chicken out on Kimberley uranium debate?
a public forum was scheduled to run at Notre Dame University’s Broome campus but the university has since pulled out
Green group blasts Uni over forum pull-out ABC News (Australian Broadcasting Corporation) Jul 13, 2010 The Australian Conservation Fund says it is disappointed by a university’s decision to pull out from hosting a forum on uranium mining in the Kimberley, amid controversy over the subject. Continue reading
Prices down and extreme weather affected uranium mine
Uranium output to fall 18 per cent: ERA | The Australian, 14 July 2010, ENERGY Resources of Australia (ERA) has flagged a drop in uranium oxide production of up to 18 per cent a year after its first-half output slumped, due largely to record rainfall affecting operations. Shares in ERA closed 68¢, or 4.62 per cent, lower at $14.05. Continue reading
Did radiation from nuclear testing spread from Icelandic volcano?
VIDEO Iceland Volcano A-Bomb! Toxic Nuclear Fallout on Europe to Australia! 4/17/10 | eyescoops.ca July 13, 2010 Warning to stay inside – 3 layers of nuclear fallout in the ICE CORES ……… the news is not reporting on this. that’s sadder then sad.
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