Four big reasons not to sell uranium to Ukraine
Bankwatch in the media | April 18, 2016
As the 30th anniversary of the Chernobyl disaster approaches, Noel Wauchope outlines just a few compelling reasons why the Coalition Government’s uranium deal with Ukraine may have further disastrous consequences. WHAT AMAZINGLY insensitive timing. As the anniversary of the Chernobyl nuclear catastrophe approaches, Australia makes a deal (at the Nuclear Security Summit) to sell uranium to Ukraine. This is such a bad idea for so many reasons — it’s hard to know which to pick first! Economics: simply because uranium exporting is not really economically worthwhile.