nuclear-news

TODAY. Desperation of the nuclear lobby! Its new financial fantasy scheme, couched in impenetrable jargon!

“International Bank for Nuclear Infrastructure (IBNI) will become the ‘Gold Standard’ of nuclear finance.“

Yes, I diligently tried to grasp it all- “Why nuclear energy needs exclusive global multilateral infrastructure bank”. I really did. Then I realised that I probably wasn’t really supposed to understand it.

It was not for me, an ordinary mortal, to understand why an International Bank for Nuclear Infrastructure (IBNI) is such a good idea . The point is – this IBNI will save the world from global heating – that’s the message!

I’m not sure that even the worthy financial and nuclear and government experts are going to be able to fully understand it either. But I guess that the nuclear lobby is banking on this bank as a last desperate measure to get heaps of taxpayer money into the failing nuclear industry.

It’s grim times for nuclear. They seem to have managed to convince everyone that nuclear wastes, and health, environmental, safety, and weapons proliferation risks don’t matter.

They used in the past, along with their coal, oil, gas industry mates, deny that climate change was real. Now they love it – and have adopted climate change as their only raison d’etre.

The nuclear lobby used to boast that their industry provided super-cheap electricity. But now they’re obviously admitting that nuclear electricity is in fact very expensive. But hey – pull a magic trick, – con governments again – and perhaps we’ll all agree to pour money into this incomprehensible new gimmick – the ” International Bank for Nuclear Infrastructure (IBNI)”

Sure sounds pretty desperate to me!

March 22, 2024 - Posted by Christina Macpherson | Christina's notes