Inside Sport

Nuclear Fuel Cycle Royal Commission (SA)


https://forum.insidesport.com.au/Topic2363865.aspx

By canonical - 27 May 2016 11:35 AM

The SA Gov has suggested creating new nuclear industry, beginning with the storage of foreign nuclear waste, but will only do so with public support. I am tentatively in favor as the state needs the income we are well placed to address the need for safe storage. This would have implications for other states, possibly creating the opportunity for reactors in the eastern states. Thoughts??

Royal Commission wrote:
South Australia can safely increase its participation in nuclear activities. Such participation brings social, environmental, safety and financial risks. The state is already managing some of these risks, and the remainder are manageable. Some new nuclear fuel cycle activities are viable. One in particular, the disposal of international used fuel and intermediate level waste, could provide significant and enduring economic benefits to the South Australian community. Viability analysis undertaken for the Commission determined that a waste disposal facility could generate more than $100 billion income in excess of expenditure (including a $32 billion reserve fund for facility closure and ongoing monitoring) over the 120-year life of the project (or $51 billion discounted at 4 per cent). Given the significance of the potential revenue and the extended project timeframes, the Commission has found that were such a project to proceed, it must be owned and controlled by the state government, and that the wealth generated should be preserved and equitably shared for current and future generations of South Australians. This presents an opportunity that should be pursued. Social consent is fundamental to undertaking any new nuclear project. Social consent requires sufficient public support in South Australia to proceed with legislating, planning and implementing a project. Local community consent is required to host a facility. In the event that this involves regional, remote and Aboriginal communities, consent processes must account
for their particular values and concerns. Political bipartisanship and stable government policy are also essential. This is particularly important given the long-term operation of facilities and the need for certainty for potential client nations.

There is a range of complex and important steps that would need to be taken to progress such a proposal. The Commission has therefore recommended that the South Australian Government pursue the opportunity to establish used nuclear fuel and intermediate level waste storage and disposal facilities in South Australia consistent with the process and principles outlined in Chapter 10 of this report. This includes suggested immediate steps, and those that may arise in the future.

By Murdoch Rags Ltd - 30 May 2016 12:47 PM

There is no way, in a gazillion years, that with the highest per capita uptake of rooftop solar in the world & plummeting wind, solar & battery infrastructure costs, that Australians would support a nuclear plant.
Sorry right wingers, in this instance you can't destroy the great barrier reef as quickly as you would like