Best of the Week
Most Popular
1.Gold Price Trend Forecast, Where are the Gold Traders? - Bob_Loukas
2.Stocks Bear Market of 2017 Begins? Shorting the Dow At its Peak! - Nadeem_Walayat
3.Betting on President Trump Leaving Office Early, Presidency End Date - Betfair Market - Nadeem_Walayat
4.Why Stock Market Analysts Will be Wrong About 2017 - Clif_Droke
5.Is This The Best Way For Investors To Play The Electric Car Boom - OilPrice_Com
6.Silver Price 2017 Trend Forecast Update - Video - Nadeem_Walayat
7.Gold Price Set For Very Bullish 2017, Trend Forecast - Austin_Galt
8.10 Things I learned From Meetings With Trump’s Transition Team - - John_Mauldin
9.How Investors Can Profit From Trumps Military Ambitions - OilPrice_Com
10.Channel 4 War on 'Fake News', Forgets Own Alt Reality Propaganda Broadcasting - Nadeem_Walayat
Last 7 days
Brent Crude Oil Price Technical Update: Low Volatility Leads to High Volatility - 20th Feb 17
Trump’s Tax System Could Spark The Wave Of Self-Employment - 20th Feb 17
Here’s How to Stay Ahead of Machines and AI - 20th Feb 17
Warning Signs Of Instability In Russia - 20th Feb 17
Warning: This Energy Investment Could Wreak Havoc On Your Portfolio - 20th Feb 17
The Mother of All Financial Bubbles will be Unimaginably Destructive when it Bursts - 19th Feb 17
Gold’s Fundamentals Strengthen - 18th Feb 17
The Flynn Fiascom, the Trump Revolution Ends in a Whimper - 18th Feb 17
Not Nearly Enough Economic Growth To Keep Growing - 18th Feb 17
SPX Stocks Bull Market Continues to make New Highs - 18th Feb 17
China Disaster to Trigger Gold Run, Trump to Appoint 5 of 7 Fed Governors - 18th Feb 17
Gold Stock Volume Divergence - 17th Feb 17
Gold, Silver, US Dollar Cycles - 17th Feb 17
Inflation Spikes in 2017, Supporting Gold Prices Despite Increased Odds of March Rate Hike - 17th Feb 17
Roses Are Red... and So's Been EURUSD's Trend - 17th Feb 17
Gold Trade Note Sighted - 17th Feb 17
Gold Is Undervalued Say Leading Fund Managers - 17th Feb 17
NSA, CIA, FBI, Media Establishment 'Deep State' War Against Emerging 'Trump State' - 16th Feb 17
Silver, Gold Stocks and Remembering the Genius of Hunter S. Thompson - 16th Feb 17
Maps That Show The US’ Strategy In Asia-Pacific - 15th Feb 17
The Trump Stock Market Rally Is Just Getting Started! - 15th Feb 17
Tesco Crisis - Fake Prices, Brexit Inflation Tsunami to Send Food Prices Soaring 10% 2017 - 15th Feb 17
Stock Market Indexes Appear Ready to Roll Over - 15th Feb 17
Gold Bull Market? Or was 2016 Just a Gold Bug Mirage? - 15th Feb 17
Here’s How Germany Buys Time From China - 15th Feb 17
The Stock Trader’s Actionable Guide to Trump - 15th Feb 17
Trump A New Jacksonian Era? The Fourth Turning (2) - 14th Feb 17
Stock Market Yet Another Wall Street 'Witch's Brew' - 14th Feb 17
This Is Why You Don’t Own A Lot Of Stocks - 14th Feb 17
Proposed Tax Reforms Face Enormous Headwinds - 14th Feb 17
BBC Inside Out Tesco Rip off Offers - Determined to Lose Big Spend Customers! - 13th Feb 17
Is the UK An Economy Built on Debt? - 13th Feb 17
Stock Market VIX Cycles set to Explode in March/April 2017 – Part 2 - 13th Feb 17
Stocks At Record Highs - Will Uptrend Accelerate? - 13th Feb 17
US Dollar: 'Rumors of My Death are Greatly Exaggerated' - 13th Feb 17
Is This The Top Commodity Play For 2017? - 13th Feb 17
Trump a New Jacksonian Era? - 13th Feb 17
Stock Market at High Tide - 13th Feb 17
Channel 4 War on 'Fake News' Ends - The New News Age - 12th Feb 17

Market Oracle FREE Newsletter

State of Global Markets 2017 - Report

Rogue Reactors And Putin's No-Bama Zone In Crimea

Politics / GeoPolitics Mar 12, 2014 - 06:18 AM GMT

By: Andrew_McKillop

Politics

Organized Crim-ea and the No-Bama Zone

The Obama White House and its allies in west Europe are fumbling the Ukraine crisis with even more intensity than they fumbled the Syrian crisis. Although the urge might be there to proclaim a “No-Fly Zone” around Crimea, stepping up to and over that red line will be madness. India has taken an openly pro-Putin line on Crimea, and China shows a distinct lack of interest in McCain-type war hungry proposals for making the Crimea a “test of power”. China has other problems like its exports, for 2014 to date, showing a 20-percent-plus fall to other BRICs countries and a “highly unusual” trade deficit of more than $22 billion ($22.98 bn) for February.


March 8, on the Crimean frontier, OSCE representatives were again sent packing when they tried to cross into Crimea – with a few gunshots in the air to remind them they are unwelcome, uninvited and have no business in Russian Crimea. The OSCE Tweeted this comment: “Military assessment visitors from OSCE States returning to Kherson to plan next steps after being denied entry to Crimea at Armyans'k today”.

Scrap the 2010 START Treaty?

Pavlo Rizanenko, a member of the Ukrainian parliament, cited by newswires 11 March said that "If you have nuclear weapons people don't invade you."  He also said that Ukraine's pro-EU armed forces must be radically increased “no matter how the Crimean situation is resolved”.

Cited by Associated Press, 8 March, Russian news agencies carried statements by an unidentified Russian Defense Ministry official, saying that Moscow now sees the trend of Obama diplomacy regarding Ukraine and the Crimea “as a reason to suspend U.S. inspections in Russia as provided by the 2010 (renewal of the) START treaty”, which sets out to cut U.S. and Russian nuclear arsenals, and the 2011 Vienna agreement that envisages mutual inspections of Russian and NATO military facilities as part of confidence-building measures.

To be sure, any suspension or abrogation of the 2010 START Treaty extension and renewal would signal that Russia has lost all interest in complying with its anti-proliferation provisions. These have an extra-special significance in the Ukraine simply because the country was the “advanced southern bulwark” of the USSR for decades, saturated with nuclear weapons and weapons-related “nuclear assets”. All nuclear facilities in Ukraine including its civil-designated power reactors, such as Chernobyl, were built in close and constant collaboration with Soviet engineers. All of them can be considered to have “dual use potential” engineered into them.

Despite the Ukraine having known, proven and published natural gas reserves (by the IEA, EIA, CIA and European agencies) able to cover about 185 years of national gas consumption, for conventional gas reserves, and about 600 years when probable unconventional gas reserves are included, the country was designated by the Soviet Union as needing intensive development of nuclear power. From the late 1960s, nuclear power was developed on a massive basis.

As of 2009, according to the World Nuclear Association, total electricity production was about 50% nuclear and this nuclear supply amounted to about 87 billion kWh. Only 20% of Ukraine's power supply was gas-based, with 4 billion kWh net exported. Ukraine's hydropower resources, which have been treated like gas as “poor cousins”, but are large, contributed about 9.3% of electricity generation in 2009, according to the WNA.

All of Ukraine's remaining 15 civil-type reactors still in service are Russian VVER types, two being 440 MW models, and the other 13 larger 1000 MW units. All of these reactors are potentially “dual use”, due to their original format – exactly like US Westinghouse industry standard 900 MW reactors – derived from Soviet nuclear submarine and nuclear ship reactor models, the design requirements of which demand very high power densities without consideration of plutonium production during their service lifetimes, or the reprocessing of “reactor core pollutants”. Being semi-military design, spunoff plutonium was regarded as a bonus rather than handicap. The original Soviet design lifetime for VVER reactors, we can note, was 30 years. The more-dangerous or “naked reactor” Soviet design format, called RBMK, as used at Chernobyl, have since 1997 all been closed down in the Ukraine, but not fully decommissioned. As many as 15 new reactors of around 1000 MW capacity each with much higher safety standards were “proposed and part funded” in a 2006 Ukrainian energy plan, but none of these reactors were ever completed, although some are in part-completed condition.

Significantly, reactor development strategies published by Ukraine's Energoatom, the state semi-private atomic energy corporation, envisage the possible replacement of unfinished PWR-type reactors by Canadian CANDU heavy water reactors – the type utilized by both Pakistan and India to “brew” sufficient weapons grade plutonium to clandestinely produce their atomic weapons. Reasons for possibly using CANDU reactors notably included the ability of these reactors to operate on the low-clarke or low quality of uranium ore reserves in Ukraine.

Since independence from the USSR in 1991 attempts were made to “close the nuclear fuel cycle”, that is to fund, build and operate nuclear fuel reprocessing facilities and long-term nuclear waste disposal facilities, rather than continue simply storing used fuel rods and nuclear wastes on site – as at Fukushima. This failed civil-sector attempt to reduce the very large residual nuclear pollution resulting from the Chernobyl disaster (1986) and accumulated “temporary measures” for used fuel rod and waste disposal, has been joined by explicitly military-nuclear attempts at reducing the quantities of weapons-capable nuclear material in Ukraine. In 2013, a four-year Ukraine-NATO project started with the aim of cleaning up radioactive waste at 9 military facilities in the country, with a  25 million euro budget.
Collected and regrouped wastes were scheduled to be buried in the Chernobyl total exclusion zone.

Since 2011, very high-level military nuclear wastes originating in Ukraine are scheduled to be “repatriated” to Russia, for burial in Russia's central dry storage facility. This program which was never funded is now evidently on hold, since late February 2014.

A new facility for treatment solid radioactive waste is under construction at the site of Zaporozhe nuclear power plant, to be commissioned in 2015. It will be fitted with a state-of-the-art nuclear waste incinerator of Danish design but this program has suffered from lack of political commitment inside the country, and lack of funding from EU sources. The completion date is only “indicative” and the program is also now on hold.

Rogue Actors - and Reactors - in the Fuel / Weapons Cycle

The Nuclear Threat Initiative (NTI), and its linked World Institute for Nuclear Security (WINS) has tracked the heavily-funded but semi-secret US-Russian Cooperative Threat Reduction project started in 1991 and aimed at repatriating thousands of nuclear warheads and military-nuclear materials, both short-range and  long-range, that the USSR had spread between Russia, Belarus, Ukraine and Kazakhstan. While Belarus and Kazakhstan agreed in short order to give up their nuclear weapons, Ukraine initially refused. In 1992, however, the Ukrainian government recognized it lacked both the resources and the technical know-how to maintain its status as a nuclear-armed nation, and its “inherited” nuclear weapons were literally two-edged swords. It then engaged to repatriate its entire stock – but also demanded financial compensation terms that Russia refused. As cited in interview with Associated Press, former Ukrainian president Leonid Kravchuk said that Russia “....threatened us with all kinds of economic sanctions, they wanted to get this issue over with fast".

The financial haggling with Ukraine has continued although it is denied or qualified as unimportant by both sides, and by US observers. The haggling led to Russian general Alexander Lebed, in 1997, stating that Ukraine's military was unable to account for dozens of “compact” or small-sized short-range nuclear devices. The general gave differing figures regarding the count of lost or stolen weapons, but the Kremlin dismissed his allegations. Leading US politicians cited by NTI claim that the simple absence of “no nuclear detonations by terrorists or organized crime” is the proof that Lebed was being too pessimistic and the program has worked.

To be sure, the 1986 Ukrainian nuclear disaster of Chernobyl was in nuclear weapons-equivalent terms a very large-sized nuclear device, probably releasing 130 kilograms of very highly enriched uranium and plutonium, as well as other long-lived deadly nuclides. In very approximate terms this was equivalent to about 15 times the radiological inventory of the 1945 Hiroshima A-bomb. Economic damage to date from the Chernobyl disaster which requires a 2827 square kilometer total exclusion zone, is variously estimated at $350 - $500 billion, with at least 30 000 fatalities to date across Europe.

Ukraine is therefore a deadly storehouse of dangerous reactors, including the crippled Chernobyl reactor which as yet, to date, does not have a final entombment sarcophage. Nuclear wastes, in Ukraine, are widely dispersed and poorly accounted for. The country could or might have a certain number of operational or repairable smaller-sized nuclear warheads, the radioactive materials of which also makes them prime assets for the production of “dirty bombs”, that is non-explosive nuclear waste-dispersing weapons. Calling for a Ukraine No-Fly Zone and War for Crimea, as mindless political clowns such as John McCain have already done, is pure madness.

By Andrew McKillop

Contact: xtran9@gmail.com

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

Co-author 'The Doomsday Machine', Palgrave Macmillan USA, 2012

Andrew McKillop has more than 30 years experience in the energy, economic and finance domains. Trained at London UK’s University College, he has had specially long experience of energy policy, project administration and the development and financing of alternate energy. This included his role of in-house Expert on Policy and Programming at the DG XVII-Energy of the European Commission, Director of Information of the OAPEC technology transfer subsidiary, AREC and researcher for UN agencies including the ILO.

© 2014 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 advisor.

Andrew McKillop Archive

© 2005-2016 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

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

Catching a Falling Financial Knife