Another break in the clouds of irrationality? Australia to build 10 nuclear reactors


Posts on this website are general "tips" and nothing more than that and should never be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy.

The head of the Australian Nuclear Science and Technology Organisation (Ansto) said such a move would be an effective way to cut emissions in a country which produces more greenhouse gas pollution per person than almost any other developed economy.

Ansto’s chairman, Ziggy Switkowski, wrote recently in the Australian newspaper: “Previous studies have asserted that in the carbon-costed world of the 2020s, nuclear energy will be Australia’s safest, cleanest and lowest cost form of baseload electricity generation. Two thirds of the world’s population in 31 countries … use nuclear electricity apparently with little hesitation.

Critics, however, insist that current methods are no safer than those used at Three Mile Island, which suffered a partial meltdown 30 years ago in America’s worst civilian nuclear accident.

Leave a Reply

Your email address will not be published. Required fields are marked *