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Warren Buffett’s nuclear fuel bank won’t stop nuclear weapons spread

Can Warren Buffett stop the spread of nuclear weapons , TIME By Michael Crowley Jan. 04, 2011
“………..”The existence of the fuel bank won’t deter Iran from continuing with its enrichment program,” says Mark Hibbs, a nuclear-energy expert with the Carnegie Endowment for International Peace. “Iran spent billions of dollars on this investment and took considerable political risks to make it happen. Because of that enrichment program, Iran sits at the table with the world’s powers. By the same logic, the fuel bank on its own merits won’t deter other countries — such as Argentina, Brazil, Canada, South Africa, South Korea and Turkey — from giving up the option of enriching uranium sometime in the future. Developing countries are suspicious that the fuel bank is a tool designed by a handful of advanced nuclear countries to discourage the rest from developing nuclear technology themselves.” ……

January 6, 2011 - Posted by Christina Macpherson | technology, weapons and war