The costly reality behind AREVA’s funky nuclear spin
the reality behind this romantic green image of a nuclear panacea to future energy needs is something altogether different….obsessional ad campaign run by the French Areva state-backed nuclear monopoly, under the banner of “semi-private” as portrayed in the business press.
Funky Town Finance Meets The Nuclear Renaissance :: The Market Oracle by Andrew McKillop (Project Director, GSO Consulting Associates Former chief policy analyst, Division A Policy, DG XVII Energy, European Commission )30 Sept 10, Like a Marlene Dietrich show in a remake of 1945 Berlin, surrounded by Soviet troop hordes, the nuclear sales show has to go on. Continue reading
Small modular nuclear reactors, costly, dangerous, and proliferation risk
SMRs are not only unlikely live up to the hype, but may well aggravate cost, safety, and environmental problems,….”Amidst the evaporating hopes for a nuclear renaissance, nuclear power proponents are pinning their hopes on small modular reactors without thinking carefully about the new problems they will create
Did the Pentagon attack Iran’s nuclear reactor with Stuxnet worm?
Pentagon’s spokesman Colonel David Lapan said the Department of defence can “neither confirm nor deny” reports that it launched this attack
Pentagon Accused Of Launching Supervirus Attack On Iran Gizmodo Australia, By Jesus Diaz on September 28, 2010 Stuxnet – which some experts consider to be the most advanced virus ever – appears to be focusing its attacks on Iranian nuclear plants. Now, the Pentagon and German intelligence are being accused of creating the virus to take down Iran’s atomic weapons program. Continue reading
A worm delays Iran’s nuclear reactor
Iran nuclear plant hit by two-month delay: official(AFP) – Google hosted new, 30 Sept 10, TEHRAN — Iran’s atomic chief said on Wednesday that the country’s first nuclear power plant will be ready to generate electricity by January — two months later than announced……… Continue reading
Nuclear finance squabble as France’s debt-laden EDF in dispute with USA’s Constellation
Moving up a long way in funky financing, state-to-state bilateral deals in the nuclear power sector are now in high gear. Amounts in play are usually well above US $ 10 billion per project, and very complex mix-and-mingle methods and processes are used for their financing
From Put Options to Development Aid The French EDF ex-monopoly electricity supplier with the biggest number of nuclear reactors of any traded power company in the world, also the most debt-laden traded company in France, and with a share price down about 25% through Jan-Aug 2010, is using financial engineering to keep a foothold in the US nuclear power market. Continue reading
Great Lakes nuclear shipment plan opens door for dangerous nuclear trafficking
“There is no policy in place in Canada that supports a proposal to export Canada’s nuclear waste in this case reactor refurbishment waste to a foreign country or to allow the residual waste, which will be even more radioactive, to be imported back into Canada. There is, however a very high level of concern in the Canadian public about the potential for international trafficking in nuclear waste,”
Shipment of Nuclear Waste has Northwatch in Ottawa today, North Bay News, By Kate Adams, September 29, 2010 Northwatch is one of seventy five intervenors in a two day hearing of the Canadian Nuclear Safety Commission reviewing the controversial proposal by Bruce Power to ship 1600 tonnes of radioactive waste through the Great Lakes and St. Lawrence River to Sweden, Continue reading
North Korea likely to continue “nuclear blackmail”
The best way to squeeze aid from the outside world is to use contradictions between the great powers and a bit of nuclear blackmai
NKorea unlikely to alter strategy toward world, Google hosted news, By KELLY OLSEN (AP) – 30 Sept 10, SEOUL, South Korea — North Korea’s ailing leader Kim Jong Il has laid the groundwork for a transition of power to his youngest son but it remains to be seen if the reclusive nuclear-armed regime will soften its combative stance toward the international community. Continue reading
How tax-payer money funds the nuclear industry’s expansion
Already marshalled into this private-public ‘Marshall Plan’ for selling US nuclear power and services to India are the US Ex-Im (export-import) Bank, leading Wall Street private banks, and major downstream infrastructure companies such as Bechtel, all primed and ready to go….US state agencies, especially the Ex-Im Bank can in some cases finance up to 85% of the initial sale…….the UN’s nuclear agency the IAEA could be extended to cover nuclear financing.
Like deals between South Korea and Abu Dhabi, Russia and Iran or France and Pakistan, the US-India arrangement targets business opportunities of epic dimensions. On the basis of the 2008 bilateral agreement, U.S. companies—most importantly Toshiba-Westinghouse and GE-Hitachi—are planning to build nuclear power plants in India. Continue reading
Nuclear power plants are vulnerable to the Stuxnet worm!
Analysts: Stuxnet Raises Concerns About Vulnerability of Nuclear, Industrial Facilties , News.com, William Ide , 28 Sept 10, A powerful computer virus called the Stuxnet worm has apparently targeted Iran’s Bushehr nuclear power plant and infected computer systems from Asia to Europe and the United States. The capability of this malicious software is raising questions about the vulnerability of nuclear, electrical and other types of industrial facilities. Continue reading
Hillary Clinton starts the US govt pressure on India’s Nuclear Liability Bill
Hillary raises nuclear liability issue with Krishna, The Hindu , 29 Sept 10, U.S. Secretary of State Hillary Clinton on Monday raised India’s civil nuclear liability issue with External Affairs Minister S.M. Krishna at a meeting to do the groundwork for President Barack Obama’s visit to India in November……
The bill, which was passed recently by Parliament and which is critical to the full implementation of the India-U.S. civil nuclear deal, has been troubling several American industrialists as it makes equipment suppliers liable in the event of a nuclear accident…….
The Hindu : News / National : Hillary raises nuclear liability issue with Krishna
Israel burying nuclear waste in Palestinan farmlands
Burying Nuclear Waste in the Palestinian Territories Special Palestine Cry Blog 28 sept 10, Palestinian farmers from Yatta village south of Hebron in the West Bank have revealed that the Israeli military continues to bury nuclear waste in their farmlands at Al-Masafer near the armistice line in the West Bank. The farmers said that the military forces “IDF” brings trucks loaded with waste suspected to be radioactive waste and is burying it in their lands after they force them to evacuate the area.The farmers said that they were able to hide themselves in some caves and watch the military operation. They stated that the Israeli soldiers who declared the area as a military zone were wearing white overalls over their military uniforms during the burial. The farmers said that they live in Al-Masafer with their animals…….Special Palestine Cry Blog articles: Burying Nuclear Waste in the Palestinian Territories
Uranium shares plunge due to Al-Qaida terrorism in Niger
on September 16, forces associated with al-Qa’ida kidnapped the seven people employed by French uranium company Areva and its contractor, Vinci, from the town of Arlit in Niger’s uranium mining region.Areva has subsequently evacuated expatriate personnel and France has dispatched anti-terrorism forces to the region……
NGM Resources shares fall as Paladin bid is threatened * Michael Bennet The Australian * September 29, 2010 NGM Resources shares today plunged 43 per cent on the likelihood Paladin Energy’s takeover offer will fall through… Continue reading
Iran’s uranium enrichment plant the likely target of Stuxnet worm
the worm that has infected Iranian nuclear computers was meant to sabotage the uranium enrichment facility at Natanz –
‘Computer virus in Iran actually targeted larger nuclear facility’ Haaretz Daily Newspaper By Yossi Melman, 28 Sept 10, New analysis, based on the characteristic behavior of the Stuxnet worm, contradicts earlier assessments that the target was the nuclear reactor at Bushehr. Continue reading
AREVA’s chief heads to Niger as uranium mines security deteriorates
The warning said the security situation in the Arlit region — where Areva runs uranium mines and where the five French nationals, a Togolese and a Madagascan were kidnapped by Al-Qaeda linked militants — was deteriorating.
Hostage crisis: French nuclear boss heads to Niger, Google hosted news, (AFP) – 28 Sept 10, PARIS — The chairwoman of French state-owned nuclear giant Areva is to visit the firm’s operation in Niger, the company said Monday, after Al-Qaeda militants kidnapped several of her employees there.”Anne Lauvergeon plans to visit Niger soon,” a spokesman said, declining to confirm a report that she would travel on Thursday. The purpose of her visit is to visit Areva employees in the region, the spokesman said. Continue reading
China violates Nuclear Suppliers Group rules in sales to Pakistan
Pakistan greatly damaged global security by allowing this rogue (nuclear scientist AQ Khan) free reign in that country. China’s plan to build another two nuclear reactors in Pakistan violates Nuclear Suppliers’ Group rules.
China should be stopped from building N-reactors for Pak’ Hindustan Times, Press Trust Of India Washington, September 25, 2010 China should be stopped from going ahead with its move to transfer new atomic reactors to Pakistan which is “not a responsible nuclear power,” a top American Congressman has said. Continue reading
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