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The Forum > Article Comments > Uranium sales to China just too risky > Comments

Uranium sales to China just too risky : Comments

By Jim Green, published 28/2/2006

Chinese scientist quoted in the 'New York Times' - 'We don't have a very good plan for dealing with spent fuel ...'

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Sales of uranium.
Well the respondents may not trust the word of China or the safeguards the Commonwealth has placed on the sale. We all or a majority, trust Johnny so why not the Chinese after all politicians are so honest.
The precautionary principle or indeed morality has no place in trade!
We need the money. It will help balance our current account deficit, though we are assured that something or other has changed and such is an amenable problem,different from pre 1996. So why not, after all many countries now obtain uranium for peaceful purposes? Even Israel has been well supplied and though not party to NPT and similar has many nuclear devices. Still Israel is a democracy and thus no problem and of course still necessary in maintaining hegemony in the Middle East, US and the West hegemonmy that is even if the 'safeguard' is now directed at oil.

The problem of the residue has of course been solved! Any failure will of course not be our fault, after all a commercial transaction is done in good faith.The consequences will be China’s , at least until the back ground radiation builds to a level affecting others. Chernobyl. Still the nuclear industry assures us that plants such as pebble reactors are fail safe but there is still the residue of the reaction. Deep storage for even 10,000 yeasr is geologically a miniscule not even thinking about variabilty of human behaviour.
Doubtless money will enable rapid solution of this problem. The niggling thought arises have not industrial enterprises negated any responsibilities in favour of profit?
Posted by untutored mind, Tuesday, 28 February 2006 9:35:04 AM
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Let us take a moment to savour the utter hypocrisy of those who advocate "hold back" on uranium exports to China.

Would they propose that we avoid all trade with that country? I doubt it. They would also have to make a decision about a swag of other countries who, in their view, might fall short of their ideals on human rights. Or whose military capability they would like to curtail somehow. Or whose tendency to undercut our labour rates they disapprove of.

Would they perhaps propose that we only sell them our products if they promise to mend their ways, and treat their people "nicely"? Who would be the arbiter of "niceness"? Taiwan?

The fact that the export under consideration here is uranium provides an excuse to pontificate about human rights in China. However, the only honest response is that if it is human rights you care about, what is so different about uranium?

Who are these people, who sit back in their armchairs sipping chai latte and pontificate about what other countries should, or should not do?
Posted by Pericles, Tuesday, 28 February 2006 11:22:10 AM
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Exporting nuclear fuel is clearly different to importing Chinese textile goods, otherwise we wouldn't need a new agreement.

It might be possible to argue that these are equivalent trades, however I have not yet seen that argument made.

Down the track, if China resolves it's border disputes, opens up it's government process to greater outside scrutiny, improves it's workplace safety (explosions, mines..etc), and management of environmental effects - I might support the sale.

At this time, I would be inclined to protest strongly.
Posted by WhiteWombat, Tuesday, 28 February 2006 1:32:06 PM
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Go for it China.

If we dont give it to them, joe bloggs down the road will.

There is no such thing as moral high ground, if you cant get drugs from one dealer, you will go to another, by us not exporting to them it just means someone else has been hit up the arse with a rainbow, and can benefit their country.

We are not the parents of the developing nations, especially not a powerhouse like China. What gives us the right to determine another countries direction?

Give the waste back to us and this would be even better. Yes they are underdone on things, but if there ever was a country to solve an issue, it would be the growing and improving Chinese. We dont need to play big brother, just sell the stuff
Posted by Realist, Tuesday, 28 February 2006 2:19:26 PM
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Pericles said: 'Who are these people, who sit back in their armchairs sipping chai latte and pontificate about what other countries should, or should not do?'

I believe they're called 'Popes'. This is about uranium, not religion. The main question is not whether we should sell it to China, but whether or not to use or encourage uranium for power generation or weapons manufacture at all.

The following is an excerpt from a speech made by Professor Ian Lowe:

'The first point is that the economics of nuclear power just don't stack up. The real cost of nuclear electricity is certainly more than for wind power, energy from bio-wastes and some forms of solar energy. Geothermal energy from hot dry rocks - a resource of huge potential in Australia - also promises to be less costly than nuclear. In the USA, direct subsidies to nuclear energy totalled $115 billion between 1947 and 1999, with a further $145 billion in indirect subsidies. In contrast, subsidies to wind and solar during the same period amounted to only $5.5 billion. That's wind and solar together. During the first 15 years of development, nuclear subsidies amounted to $15.30 per kWh generated. The comparable figure for wind energy was 46 cents per kWh during its first 15 years of development.

We are 50 years into the best funded development of any energy technology, and yet nuclear energy is still beset with problems. Reactors go over budget by billions, decommissioning plants is so difficult and expensive that power stations are kept operating past their useful life, and there is still no solution for radioactive waste. So there is no economic case for nuclear power.'

(ref: http://www.acfonline.org.au/news.asp?news_id=582 paragraphs 17&18)
Posted by Ev, Tuesday, 28 February 2006 7:22:27 PM
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I don't think that China is too concerned with producing more nuclear weapons.There are enough nuclear weapons in our world to destroy it six times over.

China will achieve world dominance through the power of their intelligence and sheer numbers.Currently we are doing trading with China in a one way street.China has no tarrifs on raw materials but has more than 100% tarrifs on any value added goods.

China will not have to use military force to take over Australia.Under our current economic policies,it will be far cheaper for them just simply to buy what they want.Money will be no obstacle.
Posted by Arjay, Tuesday, 28 February 2006 10:23:36 PM
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