The Forum > Article Comments > Nuclear profits could cost us dear > Comments
Nuclear profits could cost us dear : Comments
By Christine Milne, published 7/4/2006Who are we kidding? Directly or indirectly, Australian uranium will support China's nuclear weapons program.
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The arrogance, stupidity and blind faith in the renewable energy myth are all part of Ms. Milne’s argument. Let’s dissect her argument under those headings of arrogance, stupidity and blind faith in renewable energy.
Arrogance: The Greens, The Democrats, the ALP and for that matter the Australian Liberal Party have no influence over China in terms of human rights, environmental performance or their method of government. We can be individually appalled (Bob Brown’s favourite word) at China’s record on human rights and the environment, but in reality our concerns mean no more than farts in our own underpants, so why keep harping on these points in terms of international relations/trade.
Stupidity: China has enough uranium to make all the bombs that it could ever possibly need, and further enough uranium to power all it existing and planned nuclear vessels for hundreds of years to come. In fact they have around 50,000 tonnes at a cost of less than $40 USD/tonne (by comparison Australia has greater than 1,000,000 tonnes or 30% of the World’s resources at less than $40 USD/tonne), on OECD/IAEA figures. What China is looking for is reasonably priced and readily available nuclear fuel supply for its rapidly expanding civil nuclear industry. China can buy from Australia, with its strong use and dissemination regulations, or from Kazakhstan, Canada , South Africa, Namibia or others.
China is looking to have about 40 by 1000 MWe reactors in service post 2020. The total fuel requirements of these reactors will be around 8000 tonnes per year; this being a non sustainable drain on China’s indigenous uranium supply. If China were to build 40 by 1000 MWe coal fired power stations instead of nuclear plants, the coal demand would be around 100 million tonnes, which would translate into around 300 million tonnes of carbon dioxide. Since China is already planning to expand its coal fired power generation capacity, using its very considerable coal resources (resources greater than Australia’s), any reduction in China’s coal demand should be welcomed by those concerned with anthropomorphic greenhouse gas generation.