2011 December 19 « nuclear-news

Stop uranium exploration and all nuclear activities, demand Northern Quebec communities

Northern Quebec Communities Demand End of Uranium Prospecting by
Uracan, MarketWatch, Dec. 18, 2011 “…..All eight municipalities in Minganie, a
region of Northern Quebec, have already voted in favour of a resolution against uranium prospecting on their territory. On November 23rd, the Regional County Municipality of Minganie also adopted a resolution outlawing all uranium-related activities within an area of
50 kilometers north of the coastline. Clearly, there is no social support for uranium mining in Minganie.
Uracan’s drilling sites are located in the area covered by the resolution. This is why we ask that Minister Gignac act immediately and tell Uracan to pack its bags and leave. We will not tolerate more drilling. We demand that the company cease all its activities and move its installations, equipment and machineries elsewhere. If it fails to do so, actions will be taken.

We also ask that Uracan provide compensation to those who have been negatively affected by its activities. Continue reading →

December 19, 2011 Posted by Christina Macpherson | Canada, politics, Uranium | Leave a comment

Vermont’s comprehensive plan for renewable energy and energy efficiency

Vt. to seek 90 percent renewable energy by 2050 Bloomberg, By DAVE GRAM, 18 Dec 11 MONTPELIER, VT. Gov. Peter Shumlin wants the state to satisfy 90 percent of its energy needs from renewable sources by 2050, largely eliminating its reliance on fossil fuels.

Shumlin joined Public Service Commissioner Elizabeth Miller and other officials on Thursday to unveil a comprehensive energy plan that lifts what had been a moratorium on construction of renewable energy projects on state land; calls for more use of electric vehicles coupled with energy efficiency in the electric sector; says large-scale hydroelectric power like that imported from Canada should be considered renewable; and calls for expansion of piped natural gas
in the state. Continue reading →

December 19, 2011 Posted by Christina Macpherson | renewable, USA | Leave a comment

French and Japanese governments have vested interest in the nuclear industry

Many question whether the Japanese or French governments are telling the whole truth. After all, they’ve invested heavily in nuclear power.

Any bad publicity could turn the tide against building new plants, or even launch protests against keeping the existing ones running. So estimates of radiation, damage, and long-term effects are kept small, often hidden from the public.

California, a state just waiting for a major earthquake to occur, doesn’t need any more nuclear power plants.

Oil pipeline beats more nuclear power plants, Whittier Daily News, By Steve Scauzillo 12/17/2011 Environmentalists are against the building of a pipeline that would move crude oil from Canada to refineries in Texas because it will add to global warming. They have a point. More oil refining adds to the amount of carbon released into the atmosphere, or greenhouse gases, which exacerbates the crisis of climate change that is already under way. Plus, the process of separating the oil from the tar sands is more polluting than previous extraction methods…..
I have to look at the alternatives and wonder which is the lesser evil. One of those – more nuclear power plants – is an energy option that should not be pursued. Continue reading →

December 19, 2011 Posted by Christina Macpherson | general | Leave a comment

two year continuing fall in uranium companies’ share prices

Fukushima affects uranium stocks, Star Tribune, 18 DecShare prices of global uranium majors continue to suffer the aftereffects of an earthquake and tsunami that rocked Japan’s Fukushima nuclear power plant last March.
That’s the assessment of Sydney, Australia-based Resource Capital Research, which noted share prices for selected companies have declined substantially.
An analysis noted that Cameco shares declined by nearly 50 percent over the past year, while Uranium One shares had dropped by nearly 45 percent. Energy Resources of Australia stock fell by 82.1 percent.
“The Merril Lynch Uranium Equity Index (a global basket of uranium equities) is down 2 percent over the past month, down 7 percent over three months and down 54 percent over the past 12 months,” the firm said in a report earlier this month. …..
The uranium spot price was pegged at $52.25, down from $67.75 prior to the Fukushima disaster. In the near-term, Resource Capital Research said Fukushima will continue to weigh on the market, “including Germany’s decision to
close reactors and the potential for disposal of surplus utility inventory.”…..

December 19, 2011 Posted by Christina Macpherson | 2 WORLD, business and costs, Uranium | Leave a comment

Next Entries »