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Australia's Clamp On Nuclear Power Loosened

Kitco News

During a radio interview last week Australia Prime Minister Scott Morrison said nuclear power development must pay its own way.

In a discussion about energy and security with interviewer Brian Carlton on 89.3 Launceston FM, Morrison was asked if nuclear power was an option. Australia prohibited nuclear power in a law passed in 1998.

"It's not not on the agenda," Morrison told Carlton. Morrison's comments were reported by Energy News Bulletin.

"Wherever it [energy security] can come from is fine, but it has got to be self-sustaining."

The Mineral Council of Australia lauded the PM's comments.

"MCA welcomes Prime Minister Morrison's comments that nuclear energy must pay its way in Australia," said the organization in a news release.

"MCA acknowledges the Federal Government is not considering removing the current ban on nuclear power. However, now is the time to end the discriminatory treatment of nuclear energy by repealing the ban."

Australia is the world's third largest producer of uranium.

Creative Commons image of nuclear power plant courtesy of Bjoern Schwarz
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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