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The Atomic Show #017 (MP3 – 12.2MB – 36min)

ByRod Adams

Shane and I decided to try to stick our American noses into Australia’s growing conversation about whether or not to enter into the nuclear power business as more than just a supplier of 25% of the world’s yellowcake uranium, the raw material that is refined and manufactured into fuel elements for nuclear power plants.

We discuss the fact that Australia has about 41% of the world’s proven uranium reserves within its borders, the fact that the country has not yet built any nuclear power stations (it does have some well respected research reactor facilities) and the fact that the nuclear power industry faces some competition for markets by the coal industry.

We mention the following information sources – here are the links so that you can get to the original material yourself and verify if we know what we are talking about. Please be a critical thinker when learning about this controversial topic.

Nuclear Energy Prospects in Australia

Let’s talk about nuclear power and other energy sources

Sharing the vision for a nuclear future

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Rod Adams
Rod Adams

Rod Adams is Managing Partner of Nucleation Capital, a venture fund that invests in advanced nuclear, which provides affordable access to this clean energy sector to pronuclear and impact investors. Rod, a former submarine Engineer Officer and founder of Adams Atomic Engines, Inc., which was one of the earliest advanced nuclear ventures, is an atomic energy expert with small nuclear plant operating and design experience. He has engaged in technical, strategic, political, historic and financial analysis of the nuclear industry, its technology, regulation, and policies for several decades through Atomic Insights, both as its primary blogger and as host of The Atomic Show Podcast. Please click here to subscribe to the Atomic Show RSS feed. To join Rod's pronuclear network and receive his occasional newsletter, click here.

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2 Comments

  1. hay guys,

    We Aussies are always under the thumb of the greens propaganda, the biggest problem with getting nuclear power over here is the greens, they have a ex singer as a member of parliament and he is very vocal with the false proof the nuclear power is bad, and we should invest in solar.

    -Luke

  2. Luke:

    You Aussies are also being influenced by people with interest in continuing to make serious money by selling coal. It is a big business that feels quite threatened by the competition for energy markets posed by nuclear power. Here is what Peter Beattie had to say about the matter in an ABC story published in March 2006:

    Mr Beattie says the coal industry has a long-term future with 300 years of deposits in reserve.

    “If power is being generated by uranium we don’t need enough coal. I mean this is … black and white – I am a strong supporter of the coal industry, I’m a strong supporter of clean coal technology and I do not support the uranium industry because it will be a competing energy source,” he said.

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