Can we trust nuclear scientists to tell the truth about nuclear technology?
Yes, it’s all very exciting. Obama’s Nuclear Security Summit has made some moves in the direction of nuclear security.
And, yes, it’s a blow to uranium mining shares, now that old weapons fuel is going to be turned into low enriched uranium, and sold cheaply as fuel for nuclear reactors.
BUT – what an opportunity for nuclear scientists, like say ANSTO, to spruik their wares – in recycling, reprocessing technology! And now we’re gonna need some gee-whiz answer to highly radioactive wastes – like say ANSTO ‘s Synroc. (Never mind that all countries decided over 30 years ago that it really wouldn’t work)
Now use of weapons fuel sends uranium price plummeting
Greens welcome fall in uranium price, Scott Ludlam 15th April 2010, The Australian Greens have welcomed this week’s fall in global uranium prices, due to a global peace deal to reduce nuclear weapons.“When world leaders sign off agreements to reduce their weapons arsenals the uranium market becomes flooded with weapons-usable nuclear fuel,” the Party’s Nuclear Spokesperson, WA Senator Scott Ludlam said…. Continue reading
Earthquake danger to Nuclear plants, and fuel transport
Quake rattles Chilean-U.S. uranium move , SANTIAGO, Chile, April 14 (UPI) – A Chilean-U.S. nuclear waste disposal arrangement was nearly derailed, with dangerous consequences for North and South America, when a magnitude-8.8 earthquake struck Chile Feb. 27, interfering with deliveries of radioactive waste to U.S. processing plants. Chilean reports on the narrowly missed mishap involving the weapons-grade uranium, published by The Santiago Times, weren’t immediately commented upon by industrial sources and officials……
Chile doesn’t produce nuclear power but has a research reactor and the uranium usually is stored at the reactor site and a military base.
The quake caused widespread concern in Chilean and American nuclear communities. A U.S. team sent to Chile was especially keen to ensure the volatile material didn’t set off a chain reaction while in transit. Quake rattles Chilean-U.S. uranium move – UPI.com
Limitations of Nuclear Security Summit’s achiievement
What the summit did not address in any detail was the likelier and more easily achievable possibility that a terrorist organisation might obtain highly radioactive material and attach it to a conventional, crudely made dirty bomb that could still spread lethal material over a wide area.
World takes aim at nukes | The Australian, Brad Norington, Washington correspondent, April 16, 2010 Obama’s plan, endorsed at the summit by all attending countries including Australia, is to conduct an enormous accounting exercise with the objective of securing all nuclear materials across the world during the next four years. Continue reading
But anyway, Gareth Evans is right about nuclear fuel recycling.
In a perfect world. the plan to send enriched uranium and plutonium to USA and Russia, to fuel nuclear reactors, might be part of a good move. That would be the move to wind down all nuclear power plants. ( but I doubt that this is the intended plan)
It would also put a stop to the dirty dangerous industry of uranium mining.
However, Gareth Evans points out that recycling nuclear fuel simply creates new stockpiles of very dirty, very dangerous, radioactive wastes. Sure, Gareth Evans’ point of view promotes Australia’s uranium mining companies. But he’s right, anyway.
Gareth Evans against recycling nuclear fuel, and FOR Australian uranium miners
Mr Evans and a former US ambassador-at-large, Robert Gallucci, said recycling created stockpiles of dangerous materials ripe for theft……...
Recycling fuel should end: Evans, Sydney Morning Herald, April 15, 2010, WASHINGTON: A former Australian foreign minister, Gareth Evans, was at the centre of a dispute over reactor suppliers recycling nuclear fuel even as US officials sought to skirt the issue during a summit in Washington organised by the President, Barack Obama. Continue reading
Uranium shares threatened by Nuclear Security Summit decisions
This week’s nuclear summit in Washington has ended with a general pledge by participants from all over the globe to convert hundreds of thousands of tons of weapons-usable nuclear fuel by 2014, plus an intention to set a 2012 summit in South Korea to measure progress.This inevitably means the supply-outlook has dramatically changed for the sector this week. Nuclear Summit Changes Uranium Outlook
graph from Purchasing 14 April, Uranium prices are stuck in a slump – 2010-04-14 18:23:54 | Purchasing
Like AREVA, nuclear energy company Silex buys into solar power
But the purchase leaves households interested in buying solar panels with a dilemma: by buying Australian-made panels, they are indirectly investing in nuclear energy as well.
Solar panel factory sees the sun again, Sydney Morning Herald BEN CUBBY, April 14, 2010 – THE biggest solar-panel factory in the southern hemisphere is to open in Sydney this morning – after it was rescued by a nuclear energy research company. Continue reading
Defence Minister says Australia Backs Nuclear Summit Security Plan
“We converted from highly enriched uranium to low-enriched uranium based technologies for research reactor fuel and radioisotope production.
Australia backs US nuclear meet outcome, Sydney Morning Herald, April 14, 2010 Defence Minister John Faulkner, who has been attending a nuclear security summit hosted by US President Barack Obama, says Australia welcomes the call to secure all vulnerable nuclear material within four years……. Continue reading
Review: Nuclear Security Summit, India’s radiation contamination
Review: Australia. A puzzling week as Australia pretty much ignored the Nuclear Security Summit. Uranium prices plummet with Obama’s plan to use old nuke weapons for commercial fuel. Traditional Muckaty owners front Senate Inquiry. BHP’s Olympic Dam still severely disabled. Legal victory for S.A. uranium protestors.
International. Nuclear summit – some progress, but not on disarmament. USEC company gets a boost with ‘Megatons to Megawatts’ (dead nuke weapons fuel for reactors). India has two incidents of radiation leaks and poisoning.
Continued downward spiral in uranium prices hits ERA shares
Uranium production falls at Ranger mine, Sydney Morning Herald, BARRY FITZGERALDApril 14, 2010 SHARES in Rio Tinto’s listed uranium subsidiary, Energy Resources of Australia (ERA), have suffered a beating on the back of the company’s sharply lower production effort at the Ranger uranium mine in the Northern Territory. Market sentiment towards the stock was not helped by a downbeat assessment of the likelihood that uranium prices would pull out out of a spiral,.…ERA shares dropped $1.17 or 5.9 per cent to close at $18.52. Its forecast of near-term moves in the uranium price rubbed off on other uranium stocks, with Paladin Energy shares falling 3.45 per cent……. there had been no progress in ERA’s plan to develop the $20 billion Jabiluka uranium deposit near Ranger.ERA has undertaken not to develop the deposit without the consent of the traditional owners. Uranium production falls at Ranger mine
Yes, why isn’t Rudd at the Nuclear Summit?
Not much Australian media coverage of the Nuclear Summit either. Not a word on ABC Television last night.
Could it be that Rudd’s corporate backers, like BHP Billiton, are not very keen on Obama’s plan to get old nuclear weapons turned into fuel for commercial nuclear reactors? Perhaps Rudd would rather not be seen to be joining in undermining the uranium mining industry?
Obama, Rudd, speak on nuclear security
Listen:
- Windows Media
Australia’s PM won’t be at world nuclear summit Radio Australia,April 9, 2010 Presenter: Linda Mottram
Speakers: Barack Obama, U-S President; Kevin Rudd, Australia’s Prime Minister; Rory Medcalf, director, International Security Program, Lowy Institute for International Policy
Radio Australia:Connect Asia:Story:Australia’s PM won’t be at world nuclear summit
Why is Australia so quiet about the Nuclear Summit?
It would appear to be irresponsible for Australia not to be represented at leadership level when the full security implications of the nuclear fuel cycle are being debated
Australia’s PM won’t be at world nuclear summit Radio Australia,April 9, 2010 “……… Still, some say it’s crucial that Mr Rudd goes to Washinton next week. Continue reading
Rudd conspicuously absent at Nuclear Summit
Faulkner dismisses any suggestion Rudd’s absence means Australia is not taking the issue seriously
Bombs away, The Age, by Daniel Flitton, April 13, 2010……there is also the remote prospect that terrorists might improvise a nuclear device themselves, either a crude atomic weapon or a ”dirty bomb”, spreading radioactive material with conventional explosives. Continue reading
1 This month
of the week – Australians for War Powers Reform (AWPR)
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