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WHAM Nuclear Powr AFf Final

WHAM Nuclear Powr AFf Final

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Demand for uranium increasing now.
Michael Angwin, director of the Australian Uranium Association, April 29, 2008 OPINION pg.18 LC

The remainder of Falk and Williams' article was mostly a point-scoring attempt. They disparage the uranium
industry for being ``small''. Of course, even ``small'' export industries play an important role in Australia's
prosperity. Global demand for uranium is being driven by climate change and energy security. Australia's
exports will grow rapidly under those influences, with substantial economic benefits
for South Australia. Falk
and Williams make the surprising claim that the Australian uranium industry ``ignores'' greenhouse-friendly
renewables. This is classic verballing. Renewables do have a key role in addressing climate change. That role
should ultimately be shaped by informed technological and economic judgments having regard to the energy
issues facing the world.
Finally, on climate change, it is worth bearing in mind that nuclear power produces about
the same amount of greenhouse gas as wind and hydro and less than solar power.
In addition, Australia's
uranium expor ts avoid about 400 million ton s of greenhouse gas every year in producing nuclear power
overseas, compared with the coal that would otherwise be used.

Prices of Uranium are rising now.
CFR
, Council on Foreign Relations November 2, 2007
http://www.cfr.org/publication/14705/global_uranium_supply_and_demand.html KP

Much of the fuel currently powering U.S. reactors, for instance, was meant for the United States in a very
different way—sitting in warheads atop Soviet ballistic missiles. According to a Brinkley mining report
(PDF), by 2000 the uranium industry had made no significant uranium discoveries in a decade and
only supplied about half of global demand. A series of events, including reductions in available
weapons-grade uranium, a fire at Australia’s Olympic Dam mine, significant flooding in Canada’s
Cigar Lake mine and the need for fuel at power plants that extended their licenses, caused significant
increases in uranium prices in the last few years. Recent prices have been as high as $138 a pound.

However, analysts say the uranium market also can be difficult to predict because many transactions are not
transparent.

We can get uranium from converted warheads.

Miller, William H., professor at the Nuclear Science and Engineering Institute at the University of Missouri
and at the university's research reactor, June 29, 2008,
St. Louis Post-Dispatch, Swords to plowshares: nuclear
bombs to electricity, Lexis, VF

Fifty percent of the fuel used in U.S. nuclear plants to generate electricity comes from Russian nuclear
warheads. Use of this converted fuel has extended available uranium supplies and reduced the need to open
new uranium mines.
As a result, it has made nuclear power more competitive economically and helped to ensure
its long-term viability. This raises an important question: If nuclear fuel can be produced safely from bomb-
grade uranium, why not make use of spent fuel being stored at nuclear plants throughout the United States?
The spent fuel - more than 55,000 metric tons of it - contains valuable uranium and plutonium that can be
reprocessed chemically to produce a mixed-oxide fuel for use in generating more electricity.
Such recycling
was done in the United States until the mid-1970s, when President Jimmy Carter banned its use on grounds that the
process posed a risk of nuclear proliferation. France and Great Britain, however, have continued to recycle spent
fuel. France obtains 80 percent of its electricity from nuclear power and sells surplus electricity to
neighboring countries.
Great Britain is gearing up to build more nuclear plants. The United States finally is
reawakening to the value of spent-fuel recycling. The U.S. Department of Energy's Global Nuclear Energy
Partnership calls for the resumption of recycling in the United States by 2020. Research on improved
recycling technologies is under way.

SDI 2008

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