nuclear-news

Nuclear Economic realities – theme for February2017

The world is waking up to the unaffordable costs of the nuclear fuel chain.

Forget health, environment, safety, future generations, weapons proliferation – today’s  killer of the nuclear industry is that good old reliable thing – the exorbitant MONEY that is required

Are “developing” countries really buying the nuclear lobby’s advertising drivel?  Is China really on a nuclear build spree? Is Australia really going to “embrace” the nuclear fuel chain  and become the planet’s nuclear toilet?

The nuclear lobby , like everyone else, knows that the game is over as soon as the next radioactive catastrophe occurs. That’s predicted as 50% probability before 2050.  It could be this week.   That’s a big reason why the nuclear lobby is in such a panic to lock in contracts to buy its toxic products – while the going’s good.

Only tax-payers will fund nuclear facilities, despite the drivel from democracies about private enterprise. Russia, China are more honest about it – the State owns the nuclear companies.  And they’re all so keen to export the technology to other countries. Heck! Russia even pays for them to buy the stuff.

The nuke industry is in trouble – In USA the nuclear industry is a thing of the past. Investors flee Nordic nuclear company Vattenfall.  Finland pulls out of building Olkiluoto 4 nuclear reactor. AREVA teeters on bankruptcy.

A small number of nuclear enthusiasts, with more money than common sense, now pay journalists to advertise “new nukes’, especially Small Modular Nuclear Reactors. Of course, their plan is for taxpayers to cough up – for fleets of even more expensive nuclear gimmicks.

January 16, 2017 - Posted by Christina Macpherson | Christina's themes