Best of the Week
Most Popular
1.Election Forecast 2015 - Opinion Polls Trending Towards Conservative Outright Win - Nadeem_Walayat
2.UK Solar Eclipse - End Time Sign, Judgement Day, Doomsday! - Nadeem_Walayat
3.Gold And Silver - When Will Precious Metals Rally? Not In 2015 - Michael_Noonan
4.Preparing for the Next Stocks Bear Market - Forecast 2015-2016 - Gary_Savage
5.Is a Stock Market Crash Imminent? - David Eifrig
6.Gold Price Slumps as US Dollar Soars, What's Next? - Nadeem_Walayat
7.US Dollar Forex Pairs and Gold Chartology - Rambus_Chartology
8.Election Forecast 2015: The Day Labour Lost the General Election - Nadeem_Walayat
9.The ECB Should End QE Next Month - EconMatters
10.Silver Price Poised to Surge - Zeal_LLC
Last 5 days
David Cameron Election 2015 Debate Facts Check - Employment, Immigration, Debt & Deficit - 29th Mar 15
Stock Market About Ready to Crash! - 29th Mar 15
Reflections in a Golden Eye - Gold Market Rejection, Repatriation and Redemption - 28th Mar 15
Stock Market Inflection Point - 28th Mar 15
Gold And Silver - What Moved Price? Bab el-Mandeb And Uranus Square Pluto. What?! - 28th Mar 15
Stock Market Investment Parachutes; Do You Have Yours? - 28th Mar 15
Peak Gold Misunderstanding, is Gold About to Run Out? - 28th Mar 15
Deflation Watch: Key U.S. Economic Measures Turn South - 27th Mar 15
The Hard-Earned Truth About Recreational Real Estate - 27th Mar 15
Bitcoin Price Still in Important Territory - 27th Mar 15
Stocks Bear Market Conditions - Index Market Range Warning - 27th Mar 15
BEA Leaves Q4 2014 U.S. GDP Growth Essentially Unchanged at 2.22% - 27th Mar 15
Brazil Economy Victim of Vulgar Keynesianism - 27th Mar 15
Gold to Fuel Silver Price Upleg - 27th Mar 15
Gold and Silver Stocks Will Rise Again! - 27th Mar 15
Risk of ‘World War’ between NATO and Russia on Ukraine as Yemen Bombed - 27th Mar 15
FOMC Minutes Turned The Gold Tide - 27th Mar 15
Sheffield Hallam Election Battle 2015 - Lib Dems Go to War Whilst Labour Sleeps - 27th Mar 15
Gold Effect On Mining & Shale Wasteland - 27th Mar 15
How Stock Investors Should Play the 2016 Presidential Race - 26th Mar 15
MidEast Energy Alert: Why the Crisis in Yemen Could Get Ugly Very Fast - 26th Mar 15
Stock Market Downward Spiral of Dumbness - 26th Mar 15
The Monetary Approach Reigns Supreme - 26th Mar 15
Stock Market Large Gap Down, Despite the Algos' Push Back - 26th Mar 15
Crude Oil Surges, Gold price Spikes as Middle East Tensions Escalate - 26th Mar 15
The U.S. Housing Market Recovery Is Fabricated Optimism - 26th Mar 15
Why Yemen Is The Next Saudi-Iranian Battleground - 26th Mar 15
The Crude Oil Price Crash and China Economic Slow Down - 26th Mar 15
Global Financial Markets Are More Distorted Than Ever Before - 26th Mar 15
One More Stock Market Rally and Then a Huge Drop Expected - 26th Mar 15
Danger Will Robinson - Stock Market Crash Warning - 25th Mar 15
Learn the Basics of Corrective Elliott Waves - 25th Mar 15
Why CNBC Is Hazardous to Your Financial Health! - 25th Mar 15
Will Your Retirement Accounts Survive The Coming Tax Code "Revolution"? - 25th Mar 15
US Dollar - Americas Phoenix - 25th Mar 15
California’s Epic Drought: Only One Year of Water Left! - 25th Mar 15
What’s Wrong With Silver? - 25th Mar 15
SPX Futures Appear Weak. WTIC and Gold May Be at Max Retracement - 25th Mar 15
We’re at the Dawn of a “New Energy Age” - 25th Mar 15
A Very Weak U.S. Economic Recovery - 25th Mar 15
Zero UK CPI Inflation Rate Prompts Deflation Danger Propaganda For Fresh Money Printing - 25th Mar 15
Stock Market NYSE Hi-Lo Index Aggressive Sell Signal - 24th Mar 15
Palladium Commodity Price Forecast - 24th Mar 15
Bitcoin Price Gearing Up for a Fall - 24th Mar 15
Safety Deposit Boxes In UK Being Closed By ‏HSBC – Not Closing Gold Vaults - 24th Mar 15
Japan Short Term Gains And Long Term Disaster - 24th Mar 15
China's Fragile Evolution - 24th Mar 15
David Cameron Announces Resignation Even Before Being Re-elected, Handing Labour 6 Seats - 24th Mar 15
City of London's Ownership of American Colonies - 24th Mar 15
Stock Market Reversal May Have Begun - 24th Mar 15
Casey Gathers Top Gold Experts to Share Secrets for Making Money in Any Market - 24th Mar 15
Thoughts on The Current Crude Oil Market - 24th Mar 15
U.S. Economy Still on Life Support - What Your Governments Hiding From You... - 24th Mar 15
UK Election Forecast 2015 - Budget Bribes Fail, SNP Insurgency Catastrophe - Video - 24th Mar 15
Is Stock Market Minor Top Taking Hold? - 23rd Mar 15
Greece and EU Running Out of Time as Bank Runs Intensify - 23rd Mar 15
Stock Market Slightly Negative Expectations Following Last Week's Rally - 23rd Mar 15
This Rising Interest Rates Play Could Make You a Quick 55% - 23rd Mar 15
Platinum Commodity Price False Break Low - 23rd Mar 15
The Real Reason The American Dream is Unraveling - 23rd Mar 15
Election Forecast 2015 - Budget Bribes Fail to Impress Voters, Tory's Lose Seats in Opinion Polls - 23rd Mar 15
Silver Price Reliance During U.S. Dollar Rally - 23rd Mar 15
old Price Outlook Dramatic Improvement Following US Dollar Topping Action - 23rd Mar 15

Free Instant Analysis

Free Instant Technical Analysis


Market Oracle FREE Newsletter

US Economy Still on Life Support

Nuclear Renaissance or The End of Nations ?

Politics / GeoPolitics Sep 14, 2010 - 09:30 AM GMT

By: Andrew_McKillop

Politics

Best Financial Markets Analysis ArticleThe Internet is a vast rumour mill and Internet-thinking can lead to paranoia and selfdelusion. This has infected the so-called "Nuclear debate" just like the Climate debate, the Peak oil debate, the Environment debate and other mix-and-muddle mass readership themes generated by political and corporate elites, put through the rumour mill, and sterilized.


Due to this, the real dimensions of the nuclear challenge - extending right up to removing all remaining credibility from the notion of "the nation state" - has been sidelined and lost in a maze of lesser conspiracy theories, like the long-running or nearly endless saga of the Iran nuclear affair. To tweak up the hysteria level every few months, we have Bomb Iran calls, tacky histrionics and tinsel debate, but the threat of nation states simply being no longer defensible because of current civil nuclear proliferation and the massive plans and programs to build new civil reactors, almost everywhere, never gets airtime.

Impassioned calls for Iran bombing are presented as the quick fix solution to nuclear weapons proliferation. In Iran's case, this would be a Doomsday Choice spilling long-lived radiation poisoning around the Gulf region, and further. It would also be a Doomsday Choice in any other country with large size reactors and extensive nuclear waste stores, uranium fuel fabricating plants and other parts of "the fuel cycle", that got bombed - for any reason at all.

Chernobyl 1986 is a key nuclear weapons proliferation date. It is at least as real as the Manhattan Project and the bombing of Hiroshima in 1945 or Dr Abdul Qadr "Bombs R Us" Khan's two screwdriver turn A-bomb on which he started work in 1975, and the US led coalition's massive use of Depleted Uranium weapons in the Liberation of Kuwait, 1991.

To be sure, president Obama calls for nuclear disarmament and faster decommissioning of Russian and US atom bombs but the hidden agenda, here, is the massive undersupply of uranium for the world's reactor fleet. Decommissioning bombs releases atomic materials to feed US civil nuclear reactors - which supposedly received about 45% of their total fuel need from the "Megatons to Megawatts" source in 2009.

Taking bombs apart to get reactor fuel has a best-by date simply due to these sources of reactor fuel being limited. When or if we ran out of bombs to take apart it will be even more necessary to play with plutonium-generating Fast Breeder Reactors as a possible way out of the uranium fuel supply garrot.

NUCLEAR RENAISSANCE

The 2010-2020 decade marks the world's "Nuclear Renaissance" according to triumphal industry spokesmen. It may result in the construction of 200 - 250 new reactors, mostly in the Emerging countries. The countries signing up to the New Nuclear Miracle, which extends to its debt-linked financing, now range far and wide in the low and mid income South. They include Bangladesh, Indonesia, Philippines, Vietnam, Kazakhstan, Mongolia, Sudan, Nigeria, Ghana, Algeria, Egypt, Jordan and plenty others.

Plutonium production and proliferation risks can only rise. More than 75 of these Chernobyl-sized reactors would be built in 15 to 18, or more, low and mid-income countries with absolutely no previous experience of the atom. Many of them are exposed to civil war uprisings, are riven with religious and community conflicts, experience periodic food shortages, have water supply and power infrastructure breakdowns and blackouts, and have very troubled relations with their neighbours.

These countries, exactly like China and India, are however committing themselves to the same gleaming high-tech Quick Fix nuclear solution to power shortages, to keep their economies growing at record rates. This will vastly extend the Doomsday threat of large reactors being treated as sitting duck military targets in regional conflicts. This is over and apart from the risk of worst possible reactor accidents, such as the 1986 Chernobyl disaster, and over and apart from nuclear waste and fuel enrichment security and pollution threats generated by surging reactor numbers.

Nuclear power is sold using a Cornucopian Universal Prosperity and Titanic Power Myth, but our main concern is simple: What happens when nuclear weapons proliferation includes massive Dirty Bomb targets and the massive potential of simply and cheaply turning nuclear wastes into deadly carcinogenic Depleted Uranium weapons ? To be sure, the nuclear sales lobby claims nuclear energy faces no shortage of uranium, is cheap and clean (low CO2), cuts oil dependence nearly to zero, improves energy security despite all or most of the uranium being imported, is high-tech, prestigious and modern. Above all, weapons proliferation is no risk - we have the NPT ! Even the risk of 'recycling' nuclear wastes to make the Poor Man's nuclear ordnance - Depleted Uranium weapons - is low or zero.

Like Obama, Sarkozy, Merkel and other leaders of the reactor building, uranium supplier, and nuclear service selling countries, the Nuclear Lobby claims nuclear power is totally separate and separable from weapons. It claims it is the quickest possible, most market friendly, and cheapest Fast Track to generating more power.

Reality dashes all of these illusions and self delusions. It reveals the risks, the hazards, the long-term costs, and the fragile "market friendly" reactor financing set-ups used by the socalled financial community to sell the atom to countries ranging from Bangladesh to Sudan and harnessing them with 50-year debts for their choice of hi-tech atomic trinkets.

Each new large-sized civil reactor is potentially a Chernobyl-type Dirty Bomb and each year will generate enough plutonium (about 50 kilograms) to make 5 Hiroshima-type and sized bombs, or 10 atom bombs of the same power using modern technology weapon design. Bomb technology dates back 65 years, has seriously evolved in 65 years, and is now almost ubiquitously available. Large sized reactors can also provide massive quantities of nuclear waste for cheaply produced and deadly carcinogenic Depleted Uranium weapons, recycling and value-adding to nuclear wastes, rather than face ever rising long term disposal costs for these unwanted side-products of the "nuclear miracle".

Nuclear reactors are massive Dirty Bomb targets. Reactor materials can be used to make atomic weapons. Nuclear waste can be quickly and cheaply used to make deadly carcinogenic Depleted Uranium weapons. The world's plutonium repositories, which contain hundreds of tons of plutonium extracted from civil reactors, are literal Doomsday Weapons.

THE END OF THE NATION STATE

Due to this sombre context, national security as we know it and with any real meaning no longer exists. Any country with large sized nuclear reactors is not defensible. Its has already positioned Weapons of Mass Destruction - for the enemy side - inside its national territory. When both belligerent nations have nuclear reactors, they have guaranteed and massive Mutually Assured Destruction.

When we take account of the full risks of the coming worldwide nuclear boom, the exploding number of civil reactor numbers, the full extent of fuel production and reprocessing, accumulated nuclear wastes, plutonium production and storage, and the spiralling amounts of 'new' nuclear waste being produced each day, the nation state itself has no remaining signification or meaning. Its civil nuclear reactors are the "softest" and easiest targets for conventional military attack - with guaranteed devastating sequels.

The nation state's "prerogative" of making war, for example in Afghanistan and Iraq is no longer feasible or defensible - but is this known to politicians and the public ? Do they want to know this ? What is the level of debate on this subject ?

By Andrew McKillop

gsoassociates.com

Project Director, GSO Consulting Associates

Former chief policy analyst, Division A Policy, DG XVII Energy, European Commission. Andrew McKillop Biographic Highlights

© 2010 Copyright Andrew McKillop - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2015 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Comments

Christina Mcpherson
14 Sep 10, 20:13
Nuclear Renaissance

This article might sound extreme- to some.

The thing is, it is so true that it is frightening.

Andrew McKillop should be congratulated for saying something that we surely all know, but don't talk about - nuclear facilities are TARGETS.

Nuclear weapons are no defense against terrorists - who are acknowledged as the big threat.

The famed 9/11 attack showed this. Any sort of "dirty" bomb could be effected with relative ease, and so cheaply - it can all be done with the so-called "peaceful"nuclear facilities.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

Free Report - Financial Markets 2014