Wednesday, November 22, 2006

Opportunities for Australia?

The issue of the environment / global warming is starting to re-assert itself on the Australia political radar. I have some interest in this, and tonight, I read the summary of the report on nuclear energy.

The key points were:
  • Australia currently is known to have 38% of Uranium reserves; the largest deposit being the Olympic Dam site, currently owned by BHP;
  • Nuclear energy is a 'safe' energy source, as can be seen by its implementation in a number of countries, notably, France, Sweden, Hungary, etc. which nuclear energy for more than 33% of energy requirements;
  • Australia is an ideal continent (little or no seismic activity) for both nuclear power plants and nuclear waste disposal (e.g. Simpson desert!);
  • Greenhouse gases could be reduced by 15-20% with the broad-based implementation of nuclear energy
The Australian government, next year, will reap its third 15+ billion dollar surplus; I contend that this is an ideal opportunity to commission the construction of nuclear energy plants to, provide for both current and future generations. What it requires is just some foresight, vision, and drive. There is a precedent - this occurred in 1949 when Ben Chifley commissioned the Snowy Mountains hydro scheme (Australia's largest renewable energy source) and we all aware of the obvious advantages this brought to Australia (skilled workers, multiculturalism, 3.5% of Australia's energy requirements, etc.). It is a time for change!

And lastly, I read that in France they are going to commission a Nuclear Fusion energy plant - wow, this could be the first wonders of the world in the 21st century!

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