Monday July 10, 2006

G8 plan for global nuclear expansion revealed

peakoil.com -> sundayherald.com :

World leaders are planning a massive expansion of nuclear power in their own countries and across the developing world, according to leaked documents drawn up for the G8 summit. The plan aims to spread nuclear power stations around the globe, while keeping sensitive nuclear facilities that can be easily diverted for making bombs within the G8. Other countries would not be allowed to enrich uranium fuel, or to reprocess spent fuel to extract plutonium. They will be permitted to run reactors to generate electricity but will have to buy fuel enrichment and reprocessing services from G8 countries.

At the same time, G8 leaders are proposing to bring back fast breeder reactors. They are designed to create and burn plutonium and are much less reliant on imports of uranium. This is a dramatic change, because of the risks it poses for efforts to control the spread of nuclear weapons. Russia, the US, Japan, Canada, France and the UK see great potential for increasing nuclear business. The drive for nuclear power is being led by Putin, who is keen to maximise Russia's technology expertise.

See also :

1. Asia going nuclear amid rising oil prices, global warming concerns

(2006-07-10 07:35:41 SGT) [Energy] Permalink

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