August 27th, 2007
Australia and the Global Nuclear Energy Partnership
So George Bush wants Australia to be involved in the Global Nuclear Energy Partnership, as reported in The Age this morning. Apparently Australia (and Canada) are demurring because they will then have to take back some of the nuclear waste.
Now Australia and Canada between them have about 80% of the world’s uranium reserves. They hold the keys to the world’s future energy needs. they both have vast stretches of very sparsely populated land which could. And they both don’t want to take back the nuclear waste.
Of course there is a natural reluctance to take and store something that is poisonous and is likely to remain so for a very long time. And there is also a very natural aversion to all things nuclear because of the horrendous effects of nuclear warfare, as seen in Hiroshima and Nagasaki. i think these are valid reservation tyhat people have - valid enough that we should recognise them by building in mechanisms to deal with them as far as we can.
But even as we have these reservations we also must recognise the reality that nuclear energy as a source of energy for the world - in fact as the major source of energy - is inevitable. Pretending it won’t happen won’t make it go away. There is no other source of energy that is massive enough, and accessible enough, to be a serious contender for supplying energy on the massive scale demanded by the emerging and massive economies of China and India, as well as other developing countries around the world. Carbon based fuels cause too much environmental damage already, and those emerging economies have only just started! So-called renewables like solar, wind, wave power are too inaccessible, and even if they could be implemented on a large scale would cause immense environmental damage, while at the same time being too unreliable. But that is a discussion for a later blog.
Which leaves nuclear energy as the only viable large scale energy alternative. A point which is not lost on China and India, who are busily developing nuclear industries to supply their own energy needs. They will need fuel to run those nuclear power plants, and they will need somewhere to dispose of the waste.
So if nuclear energy is the only large scale energy alternative then we should all take our collective heads pout of the sand and actively seek out ways to make it work in the safest, cleanest, and most profitable ways we can. Since we are sitting on 40% of the world’s reserves of uranium, this is both an opportunity of enormous proportions, and a great responsibility.
Its an opportunity because we can not only sell the uranium as a raw material (yellowcake), but we can value add to it by processing it first and storing the waste second. Note the opportunity being offered to us. To be a part of the Global Nuclear Energy Partnership means that we will become part of the group of nations that will be involved with the development of the nuclear industry. It is proposed that processing of nuclear fuel will be limited to these countries - with the aim to stop the proliferation of nuclear weapons. There is enormous economic opportunity in this. To be in a position to be one of the world’s largest energy suppliers. Australia should take an opportunity like this with both hands!
But there is also great responsibility here, in two ways. First, if we have a resource that the world needs, we have a responsibility to share that resource with the rest of the world in ways that are economically and environmentally responsible. Secondly we have a responsibility to do whatever we can to make sure that the nuclear material us used in a safe and peaceful manner. One way to make sure that the nuclear waste cannot be used for weapons is to take the waste back and store it safely, where it is inaccessible to those who want to misuse it.
So I reckon Australia should get over its reservations and establish a nuclear waste dump immediately - do the job properly, though! - and begin to tap into an enormously profitable and productive future as a major energy supplier. And help solve the world’s energy problems in the process.
I reckon there will be many who have different points of view on this. Please take a moment to put in a response!
AussieSheepskin.com - Australian Craftsman made UGG boots, Plus!
BlankLabels.com.au - Be Creative, with the largest range of self-adhesive labels in the world!