Nuclear paralysis and nuclear risk, Japan Times, BY DAVID HOWELL, MAY 10, 2019, LONDON – We are dangerously close to a world without arms control agreements. That is what some of the most experienced U.S. defense and disarmament experts are now warning, and a recent detailed report from a U.K. House of Lords Committee fully shares their alarm. The implications for the increasing risk of nuclear weapons use, tactical or strategic, are direct, immense and horrific. The disarmament process, on which the previous generation put so much hope, has come to a halt and what is termed “policy paralysis” has set in.
Whether these warnings are going to attract the urgent attention, and the action, they deserve is an open question. Of course in the Pacific Rim region the nuclear threat seems obvious and omnipresent, with unpredictable North Korean leader Kim Jong Un’s ongoing missile-launching activity still looming over nearby states, notably Japan.
But in the West it is quite different. A thick layer of complacency surrounds Western opinion about arms control and nuclear risk, built up from assumptions that the basic architecture of global arms stability of the last 70 years still works and stays firm. Preoccupation with other issues, such as Brexit, immigration and global warming, blots out most media coverage of nuclear matters, even though one nuclear slipup could kill millions in minutes.
Comfort is drawn from the belief that the balance of mutual deterrence between nuclear powers still holds firm, that Russia and the United States — which possess 90 percent of the world’s stock of nuclear weapons — still have some sort of dialogue despite their antagonism (as in the Cold War), that the proliferation of nuclear weapons has been reasonably contained and will continue to be so, and that the full range of arms control and limitation treaties, agreed on 20 or 30 years ago, are still valid or can be renewed.
Unfortunately none of these conditions still hold true. It is just dawning on Western policymakers that the whole arms stability structure, far from maintain the balance of the decades since World War II, could soon become highly unstable.
First, there has been a vast deterioration in both Russian-U.S. and Russian-European relations……..
Second, the “game,” if that is not a misnomer, is no longer a binary affair between two superpowers but, with the ascendancy of China, between at least three …….
Third, while the global spread of nuclear weapons, much feared half a century ago, has up to now been limited, as far as is known, to four new countries — namely India, Pakistan, Israel and North Korea……
Fourth, in August America is withdrawing from the Intermediate Range Nuclear Forces Treaty, signed in 1987 and requiring the progressive destruction of short- and medium-range missiles that could deliver nuclear warheads…….
Fifth, new cybertechnologies are now of such power that they can disrupt anti-missile warning systems, send fake alarms, attack command and control systems and provoke “accidents.”…….
Next year will come a major review of the 50-year-old Nuclear Non-Proliferation Treaty, which somehow holds the whole precarious pattern in place. The treaty accepts the legal right of the original five nuclear powers — the U.S., United Kingdom, Russia, China and France — to have nuclear weapons as long as they make progress to disarm and eventually get rid of them…….
a new arms race is beginning and the nuclear risk is increasing when the world has enough troubles already and can ill afford any more.
David Howell is a Conservative politician, journalist and economic consultant. He is chairman of the House of Lords International Relations. https://www.japantimes.co.jp/opinion/2019/05/10/commentary/world-commentary/nuclear-paralysis-nuclear-risk/#.XNXwyhQzbGg
The best way to stop the development of these lethal tools is the total application of the NPT, to which all countries must subscribe, he said.
The Iranian delegate criticized the U.S. nuclear aid to Israel, which reflects its double standards for the possession and development of atomic technology.
Israel must be forced to join the Non-Proliferation Treaty, and submit to inspections of the International Atomic Energy Agency (IAEA), he stressed…… https://www.plenglish.com/index.php?o=rn&id=41815&SEO=iran-supports-nuclear-non-proliferation-treaty
It may become impossible to tell if Iran starts making a nuclear bomb, https://www.newscientist.com/article/2202247-it-may-become-impossible-to-tell-if-iran-starts-making-a-nuclear-bomb/ By Debora MacKenzie, 10 
May 19,
The most ambitious effort ever to peacefully stop a country getting a nuclear bomb hangs by a thread this week. On 8 May Iranian president Hassan Rouhani announced that his country would start stockpiling low-enriched uranium and heavy water – a potential step towards building nuclear weapons.
The move was in response to US sanctions, despite Iran’s compliance with the Joint Comprehensive Plan of Action (JCPOA), which aims to limit the country’s potential bomb-making nuclear activities.
JCPOA imposed an unprecedented inspections regime on Iranian nuclear plants, which has been testing novel monitoring technology that could severely limit the spread of the bomb.
The deal does not stop Iran making enriched uranium to fuel its nuclear power plant, or heavy water for a reactor it was building at Arak. But it prevents it stockpiling either or enriching uranium further towards weapons-grade, and says Arak must be re-designed to produce less of another bomb fuel, plutonium.
The incentive for Iran was a lifting of trade sanctions, imposed after it was found to have covertly enriched uranium in the early 2000s. Since then the International Atomic Energy Agency (IAEA) has judged Iran to be in compliance with the deal.
But one year ago, US president Donald Trump pulled out of the JCPOA, saying he was unhappy with the deal. The US re-imposed trade sanctions and threatened countries that did business with Iran with severe trade penalties. Since then Iran’s oil exports have since fallen from 2.5 to 1 million barrels a day.
Now, Rouhani’s pledge means Iran will stop exporting low-enriched uranium and heavy water, which was mandated by the JCPOA, so Iran could continue production without exceeding caps on stockpiles.
The build-up of the materials will not immediately violate the JCPOA. But Rouhani added that if European countries do not, in 60 days, find some way for banks and importers to do business with Iran without suffering US sanctions, Iran will start enriching uranium further – and build Arak to existing specifications. That will be the end of the JCPOA, as Iran resumes its path to a bomb.
We may not even know if it does. The JCPOA provides three levels of safeguards in Iran. It gets the standard inspections the IAEA does in all countries with nuclear plants; additional inspections agreed in 1997 and voluntary for IAEA member states; and extra, unprecedented inspections, including continuous monitoring using novel technology.
James Acton of the Carnegie Endowment for International Peace in Washington, says that without the JCPOA, Iran gets only the basic inspections – which it successfully evaded in the past. Without extra inspections the IAEA cannot draw credible conclusions about the absence of undeclared activities in Iran, says Acton.
In theory inspectors outside Iran could watch for krypton-85, a tell-tale gas emitted when plutonium is extracted from heavy water reactors. But Acton is not even sure Iran would attempt to keep that secret. The idea of having nuclear weapons is to deter attack – and as Dr. Strangelove observed, it isn’t much of a deterrent if no one knows you have it.
Iran Snap Nuclear Inspections Jump as Tensions With U.S. Rise, Bloomberg,By Jonathan Tirone, May 11, 2019,
Snap inspections at Iranian nuclear facilities jumped last year, underscoring the wide-reaching ability of international monitors to access potential sites that could feed clandestine research.
The finding was included in the International Atomic Energy Agency’s latest Safeguards Implementation Report, which is circulating among nuclear-security officials as the specter of another Middle Eastern conflict rises. Europe in particular has found itself squeezed between hostile governments in Washington and Tehran after the U.S. left the nuclear deal and slapped sanctions on Iran.
According to a copy of the restricted report published this week and obtained by Bloomberg News, inspectors deployed in Iran conducted a record number of so-called complementary accesses for a third year running in 2018. Almost 400 inspectors spent some 1,867 person-days combing Iranian sites and triggered more than three surprise visits a month………https://www.bloomberg.com/news/articles/2019-05-10/iran-snap-nuclear-inspections-jump-as-tensions-with-u-s-rise
to cease complying with portions of the nuclear deal it signed with Western powers in 2015, though it didn’t withdraw from the agreement altogether. But the announcement increases already escalating tensions with the U.S. Nick Schifrin talks to Takht Ravanchi, Iran’s ambassador to the UN, about why Iran made the decision now and whether it can trust President Trump.Judy Woodruff:
Today, Iran announced it plans to stop complying with portions of the nuclear deal it signed with Western powers in 2015. Iran stopped short of withdrawing from the deal altogether.
But, as Nick Schifrin reports, the announcement increases already escalating tensions with the United States.
Nick Schifrin:
The Iran deal made a fundamental trade: Iran restricted its nuclear program in exchange for sanctions relief.
One year ago today, the Trump administration withdrew from the deal, and has since reimposed sanctions. For the last year, Iran complied with the deal, but, today, Iran said it would not abide by all the deal’s restrictions….. https://www.pbs.org/newshour/show/irans-ambassador-to-the-un-blames-u-s-bullying-for-decision-on-nuclear-treaty
Trump’s Bet on Kim Might Not Pay Off, All that’s preventing the collapse of talks is that North Korea’s missiles haven’t flown far enough yet. The Atlantic URI FRIEDMAN, 10 May 19
Russia’s Nuclear Power Exports are Booming, Moscow Times, 10 May 19,
Rosatom has been using nuclear power plants as a way of cementing ties with its fellow emerging markets.Russia’s state-owned agency Rosatom is on a tear. The company operates 35 nuclear power stations in Russia that produce 28 gigawatts (GW) of power, and it is actively exporting its nuclear technology to countries around the world.
Russia has been using nuclear power plants as a way of cementing ties with its fellow emerging markets with no nuclear power tradition and the BRICS countries, a group that started as a marketing tool for Goldman Sachs to sell equity but has increasingly turned into a real geopolitical alliance amongst the leading emerging market governments.
In recent years Rosatom has completed the construction of six nuclear power reactors in India, Iran and China and it has another nine reactors under construction in Turkey, Belarus, India, Bangladesh and China. Rosatom confirmed to bne IntelliNews that it has a total of 19 more “firmly planned” projects and an additional 14 “proposed” projects, almost all in emerging markets around the world.
Rosatom has become the world’s largest nuclear reactor builder as the financial problems of the two big Western firms Westinghouse Areva have crimped their ability to develop nuclear plants abroad . as the financial problems of the two big Western firms Westinghouse Areva have crimped their ability to develop nuclear plants abroad. Westinghouse and Areva, now owned by EDF, have for years negotiated deals to build reactors in India but have made little progress, partly because Indian nuclear liability legislation gives reactor manufacturers less protection against claims for damages in case of accidents.
The sales drive was organised by former Prime Minister Sergei Kiriyenko, who presided over Russia during the 1998 financial crisis but was given the job of running Rosatom after leaving office and tasked with selling 40 nuclear power plants internationally.
…… Part of Rosatom’s appeal is not only Russia’s lower prices and state-of-the-art technology, but the fact that company usually provides most of the financing for the typically $10 billion price tag.
Last year the Russian firm said it had an order book worth $134 billion and contracts to build 22 nuclear reactors in nine countries over the next decade, including Belarus, Bangladesh, China, India, Turkey, Finland, Hungary, Egypt and Iran. The size of the order book puts nuclear power station exports on a par with Russia’s booming arms export business.
But underpinning the business is politics. Russia has long used energy as the sweetener when offering a package of trade deal to its international partners. Like gas pipelines, nuclear power stations are a way of binding countries to Russia, as nuclear power stations come with 60-year long maintenance deals and uranium supply contracts.
……. Iran Bushehr
One of the most controversial nuclear power stations built by Moscow was Iran’s Bushehr that was completed in 2013 over strong U.S. objections.
…….Russia has been producing new parts for the second nuclear power plant to be built at Bushehr on the Persian Gulf and now Russia is preparing to push ahead with the construction of the second unit. ……
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PRESIDENT KENNEDY GAVE ISRAEL A STRONG WARNING ABOUT ITS NUCLEAR REACTOR IN 1963
A telegram from Kennedy dated July 4, 1963, congratulates Eshkol on assuming the prime ministership after David Ben-Gurion’s resignation and recounts talks between Kennedy and Ben-Gurion about inspections at the reactor in Dimona.
“As I wrote Mr. Ben-Gurion, this government’s commitment to and support of Israel could be seriously jeopardized if it should be thought that we were unable to obtain reliable information on a subject as vital to peace as Israel’s effort in the nuclear field,” the telegram said. The telegram was declassified in the 1990s but was not widely available until last week when the National Security Archives, a project affiliated with George Washington University, posted it on its website…….https://www.jpost.com/Diaspora/President-Kennedy-gave-Israel-a-strong-warning-about-its-nuclear-reactor-in-1963-589107 |
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U.S. Issues New Sanctions as Iran Warns It Will Step Back From Nuclear Deal, NYT, By David E. Sanger, Edward Wong, Steven Erlanger and Eric Schmitt, May 8, 2019
WASHINGTON — Iran’s president declared on Wednesday that he would begin to walk away from the restrictions of a 2015 nuclear deal, and the Trump administration responded with a new round of sanctions against Tehran, reviving a crisis that had been contained for the past four years.
The escalation of threats caught the United States’ allies in Europe in the crossfire between Washington and Tehran. And while the announcement by President Hassan Rouhani of Iran did not terminate the landmark nuclear accord that was negotiated by world powers, it put it on life support.
Britain, France and Germany all opposed President Trump’s move a year ago to withdraw the United States from the accord that limited Iran’s capacity to produce nuclear fuel for 15 years. Ever since, the Trump administration has ramped up a pressure campaign against Iran’s military and clerical leaders, including blocking global oil exports and expediting warships and B-52 bombers to the Persian Gulf this week to face down what officials described, without evidence, as a new threat by Tehran against American troops in the Middle East.
European officials had promised to set up a bartering system to evade American sanctions imposed against Iranian oil. But that effort has largely failed, even as Iran complied with its obligations under the agreement, from production limits to inspections.
On Wednesday morning in Tehran, Mr. Rouhani declared he had run out of patience.
“The path we have chosen today is not the path of war, it is the path of diplomacy,” he said in a nationally broadcast speech. “But diplomacy with a new language and a new logic.”
Rather than exit the deal entirely, Mr. Rouhani announced a series of small steps to resume the production of nuclear centrifuges and to begin accumulating nuclear material.
Mr. Rouhani also set a series of carefully calibrated deadlines for European leaders — essentially forcing them to either join the United States in isolating Iran or uphold the nuclear deal that world powers spent years negotiating with Tehran.
He said the Europeans had 60 days to assure that Iran could “reap our benefits” under the nuclear accord, by making up for lost oil revenues and allowing the country back into the international financial system.
If the Europeans agree, they will be subject to sanctions by the United States. If they dismiss Mr. Rouhani’s claims, he says Iran will take more dramatic steps.
Hours later, the White House announced that it was taking additional measures to squeeze Iran’s economy by imposing sanctions on its steel, aluminum, iron and copper sectors. Iran’s industrial metals industries account for about 10 percent of its exports, according to a Trump administration estimate.
Mr. Trump said in a statement that the move “puts other nations on notice that allowing Iranian steel and other metals into your ports will no longer be tolerated.”
Under John R. Bolton, the national security adviser who has long advocated pressing for regime change in Iran, the White House has been urging ever-escalating sanctions…….Hours later, the White House announced that it was taking additional measures to squeeze Iran’s economy by imposing sanctions on its steel, aluminum, iron and copper sectors. Iran’s industrial metals industries account for about 10 percent of its exports, according to a Trump administration estimate.
Mr. Trump said in a statement that the move “puts other nations on notice that allowing Iranian steel and other metals into your ports will no longer be tolerated.”
Under John R. Bolton, the national security adviser who has long advocated pressing for regime change in Iran, the White House has been urging ever-escalating santions……Hours later, the White House announced that it was taking additional measures to squeeze Iran’s economy by imposing sanctions on its steel, aluminum, iron and copper sectors. Iran’s industrial metals industries account for about 10 percent of its exports, according to a Trump administration estimate.
Mr. Trump said in a statement that the move “puts other nations on notice that allowing Iranian steel and other metals into your ports will no longer be tolerated.”
Under John R. Bolton, the national security adviser who has long advocated pressing for regime change in Iran, the White House has been urging ever-escalating sanctions…….https://www.nytimes.com/2019/05/08/us/politics/iran-nuclear-deal.html
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Trump wants to negotiate nuclear deals. He should start with the one he already has. WP, By Editorial Board, May 8 2019 PRESIDENT TRUMP has been suggesting recently that he’s interested in negotiating a reduction of nuclear weapons stockpiles. After speaking Friday with President Vladimir Putin of Russia, Mr. Trump said they discussed “a nuclear agreement” in which “we get rid of some of the tremendous firepower that we have right now.” On April 4, meeting with China’s vice premier, Liu He, Mr. Trump said, “Between Russia and China and us, we’re all making hundreds of billions of dollars’ worth of weapons, including nuclear, which is ridiculous.” If he’s serious, it is important that Mr. Trump focus on practical measures to reduce the nuclear danger, not negotiating feints. The Post reported April 25 that Mr. Trump has “ordered his administration to prepare a push for new arms-control agreements with Russia and China.” The exact nature of his order isn’t known, but Mr. Trump is right to be concerned that many areas of nuclear weapons and systems to deliver them are not covered by treaties and agreements. Soon, the 1987 Intermediate-Range Nuclear Forces Treaty between the United States and Russia will be history; the Trump administration pulled the plug, saying Russia violated it with a new, prohibited ground-based cruise missile system. ……..All these important and worthy goals for negotiation will be extremely difficult and time-consuming. Before Mr. Trump reaches for the moon, he should tackle extension of the 2010 New START accord with Russia limiting strategic nuclear weapons, which expires in February 2021. This treaty has proved successful and worthwhile, limiting both sides to 1,550 deployed warheads and 700 delivery vehicles; it’s a cap on the most threatening nuclear weapons, those that can span the globe in tens of minutes. If Mr. Trump really wants to avert nuclear dangers, this is the place to begin. So far, he hasn’t done much. A more worrisome prospect is that Mr. Trump is raising the most difficult nuclear arms control challenges because he knows they can’t easily be addressed. John Bolton, the national security adviser, has criticized international treaties that tie the hands of the United States and once called the New START limits on weapons launchers “profoundly misguided.” Are Mr. Bolton and Mr. Trump really getting ready to roll up their sleeves for more arms control, or is the latest talk just a disingenuous tactic to avoid it? https://www.washingtonpost.com/opinions/global-opinions/trump-wants-to-negotiate-nuclear-deals-he-should-start-with-the-one-he-already-has/2019/05/08/529c9248-7026-11e9-9eb4-0828f5389013_story.html?utm_term=.1a3804a51813 |
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Slovakia delays nuclear plant expansion under pressure from Austria, DW, 8 May 19, Amid complaints from Austria, Slovakia has decided to push back the long-awaited opening of two new nuclear reactors. Activists claim to have evidence that the reactors’ safety structures are damaged and could fail……..
The plant is located some 100 kilometers (62 miles) from Austria’s border. For decades, Austria’s politicians and activists have been trying to cancel the plans to add two more nuclear reactors to the facility, citing safety concerns. In April this year, environmental watchdog Global 2000 said construction had major flaws. They also cited photos and testimonies which allegedly showed the reactors’ protective containment structure was damaged and could fail in case of an earthquake or a serious accident.
Another reason for concern is that the reactors were originally built to Soviet-style designs, and then modified with Western elements. The two new reactors were originally projected to start work in 2012 and 2013, but the project was repeatedly delayed…….. Austria has been urging the International Atomic Energy Agency (IAEO) to send its experts to inspect the site. However, this will only happen if Slovakia invites the inspectors to the Mochovce plant. Following the announcement on Monday, Austria’s Chancellor Sebastian Kurz said it was a “step in the right direction.” “We will not let up until all our safety concerns have been answered,” he was quoted by the Krone newspaper as saying……https://www.dw.com/en/slovakia-delays-nuclear-plant-expansion-under-pressure-from-austria/a-48628715 |
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https://www.channelnewsasia.com/news/asia/china-says-it-won-t-take-part-in-trilateral-nuclear-arms-talks-11507850 BEIJING: China on Monday (May 6) dismissed a suggestion that it would talk with the United States and Russia about a new accord limiting nuclear arms, saying it would not take part in any trilateral nuclear disarmament negotiations.
US President Donald Trump said he and Russian President Vladimir Putin discussed on Friday the possibility of the new accord that could eventually include China in what would be a major deal between the globe’s top three atomic powers.
Chinese Foreign Ministry spokesman Geng Shuang said that the country’s nuclear forces were at the “lowest level” of its national security needs, and that they could not be compared to the United States and Russia.
“China opposes any country talking out of turn about China on the issue of arms control, and will not take part in any trilateral negotiations on a nuclear disarmament agreement,” Geng told a daily news briefing, when asked about Trump’s remarks.
China has always advocated the complete prohibition and thorough destruction of nuclear weapons, Geng added.
China believes that countries with the largest nuclear arsenals have a special responsibility when it comes to nuclear disarmament and should continue to further reduce nuclear weapons in a verifiable and irreversible manner, creating conditions for other countries to participate, he said.
The 2011 New START treaty, the only US-Russia arms control pact limiting deployed strategic nuclear weapons, expires in February 2021 but can be extended for five years if both sides agree. Without the agreement, it could be harder to gauge each other’s intentions, arms control advocates say.
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Pompeo insists North Korea nuclear deal still possible despite weapons test, Secretary of state echoes the president, saying ‘there’s opportunity to get a negotiated outcome’ on a denuclearization deal, Guardian, Victoria Bekiempis in New York 6 May 2019 Secretary of State Mike Pompeo insisted Sunday that a nuclear disarmament deal between the US and North Korea was still possible, despite the country’s launch of several short-range projectiles into the sea one day earlier.“There’s an opportunity to get a negotiated outcome, where we get fully verified denuclearization” and said the US hopes to “get back to the table and find the path forward,” he told ABC’s This Week politics program on Sunday. He also claimed that North Korean leader Kim Jong-un is on board with coming to an accord. “Chairman Kim has repeated that,” Pompeo said. “He’s repeated that quite recently, in fact.” Pompeo said the latest missile launch did not cross any international boundaries. “That is, they landed in the water east of North Korea and didn’t present a threat to the United States or to South Korea or Japan,” he said. “And we know that they were relatively short-range.” Pompeo’s statements about brokering a deal echo those of Donald Trump, who said he still thought the US and North Korea would reach a nuclear dealdespite the fact that talks have stalled since the leaders’ recent unsuccessfulsummit meeting in Vietnam. ……. https://www.theguardian.com/world/2019/may/05/mike-pompeo-north-korea-disarmament-deal-possible-despite-weapons-test |
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Trump insists nuclear deal will happen after North Korea fires projectiles, Guardian, 5 May 19, President tweeted on Saturday he believes Kim Jong-un understands North Korea’s ‘great economic potential’ and won’t interfere. Donald Trump said he still believes a nuclear deal with North Korea will happen, after the country fired several unidentified short-range projectilesinto the sea.
The US president tweeted on Saturday that he believes that leader Kim Jong-un “fully realizes the great economic potential of North Korea, & will do nothing to interfere or end it”……..
If it’s confirmed that the North fired banned ballistic missiles, it would be the first such launch since the North’s November 2017 test of an intercontinental ballistic missile. That year saw a string of increasingly powerful weapons tests from the North and a belligerent response from Trump that had many in the region fearing war.
Experts say the North may increase these sorts of low-level provocations to apply pressure on the US to agree to reduce crushing international sanctions
South Korea said it’s “very concerned” about North Korea’s weapons launches, calling them a violation of last year’s inter-Korean agreements to reduce tensions between the countries.
South Korea’s military has bolstered its surveillance in case there are additional weapons launches, and South Korean and US authorities are analyzing the details.
North Korea could choose to fire more missiles with longer ranges in coming weeks to ramp up its pressure on the US to come up with a roadmap for nuclear talks by the end of this year……..https://www.theguardian.com/world/2019/may/04/trump-north-korea-nuclear-deal-short-range-projectiles
HOW TO DISMANTLE THE ABSURD PROFITABILITY OF NUCLEAR WEAPONS, The Intercept
ICAN’s strategy with the TPNW is a sneaky one. They do not aim to begin by trying to persuade countries with nuclear weapons to abandon them. Rather, they aim to start by persuading non-nuclear countries to ratify the treaty. Such countries will then be prohibited from possessing nuclear weapons — and from allowing them to transit through them or permitting their production on their territory.
If all goes according to plan, this will create a slowly tightening noose around the nuclear weapons states. If the Netherlands were to ratify TPNW, Airbus could no longer help build France’s nuclear missiles. The Italian company Leonardo also lends a hand with France’s nuclear program and likewise could not do so if Italy ratifies the treaty.
But beyond legal restrictions, ICAN hopes that grassroots organizing for TPNW country by country will eventually create a societal taboo around nuclear weapons that will put severe pressure on private-sector corporations and eventually the current nuclear states. If this sounds utopian, it should be remembered that such taboos have been created around biological and chemical weapons, as well as land mines and cluster bombs. There are still holdout countries for each, but they’ve faced greater and greater opprobrium as time goes by, and it’s not impossible to imagine that there will be eventual complete compliance in each case.
PAX points out that the TPNW has already helped create enough stigma surrounding nuclear weapons that two enormous pension funds have divested from nuclear arms producers. The Norwegian Government Pension Fund, the second-largest pension fund on earth, has sold its investments in, among other companies, Huntington Ingalls, Lockheed Martin, Airbus, and Boeing. The Dutch civil service fund ABP is the world’s fifth-largest and has also divested from the nuclear arms industry. “Changes in society, also at an international level,” said an ABP executive, mean that “nuclear weapons no longer fit in with our sustainable and responsible investment policy.”
This perspective is now quietly making its way across the Atlantic. This January, a bill was introduced in the Massachusetts State Legislature that would require the state’s pension funds to divest from nuclear manufacturers. The city of Cambridge has already done so. Ojai, California, will not make any future investments in the makers or funders of nuclear weapons.
“If Lockheed Martin can stop making cluster bombs because they’re losing investors across Europe,” says Snyder, “we know corporations can be moved. … It takes a long time with businesses, but you can do it faster than with governments.”
And that’s the point of Pax’s report: It wasn’t created for passive consumption, but to put basic information in the hands of activists, so that they can exert the power of basic sanity. https://theintercept.com/2019/05/04/nuclear-weapons-profits/
26 April – Chernobyl: Inside the Meltdown airs on National Geographic on Sunday 26th April from 4pm
29 April – Nuclear Expert Webinar #1 – Radiation Impacts on Families with Mary Olson and Cindy Folkers
4 May -West Suburban Peace Coalition to discuss Iran war at May Educational Forum
Monday, May 4, 7:00 – 8:00 PM Central Standard Time
Title: : How Trump’s Narrative Tries to Shape the Reality of the War on Iran.
Contact Walt Zlotow, zlotow@hotmail.com 630 442 3045 for further information
14 May – online event From Bombs to Data Centres: the Face of Nuclear Colonialism
Pine Ridge Uranium is the real threat, not Tehran- Tell Burgum: Stop the Extraction.
Chernobyl: The Lost Tapes – A good documentary on Chernobyl on SBS available On Demand for the next 3 weeks– https://www.sbs.com.au/ondemand/tv-program/chernobyl-the-lost-tapes/2352741955560
To see nuclear-related stories in greater depth and intensity – go to https://nuclearinformation.wordpress.com
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