“Bottom is falling out of uranium prices “


text-uranium-hypeNuclear power market still suffers from Japan’s Fukushima disaster -5-year disaster anniversary shows little nuclear power progress in Japan  Market Watch, By MYRAP. SAEFONG MARKETS/COMMODITIES REPORTER 11 MAR 16  “……“Unfortunately, the uranium [and] nuclear market is still suffering significantly as a result of the Fukushima aftereffects,” said Jonathan Hinze, executive vice president of international operations at the Ux Consulting Company, the world’s leading nuclear-fuel consultancy.

In the wake of the nuclear accident, nuclear power became somewhat of an outcast……

Uranium supply ‘overhang’  Back in September, Jim Ostroff, senior editor of Platts Nuclear Publications, estimated that Japanese utilities had around 120 million pounds of uranium stockpiled, which was likely enough to have supplied all of Japan’s pre-Fukushima needs for six years.

Today, there remains an “overhang of excess supply to demand,” he said.

With such few active reactors, the Japanese are not buying uranium to make nuclear fuel and the…

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New generations of Australian families suffering deformities and early deaths because of ‘genetic transfer’, news.com.au MARCH 10, 2016 [EXCELLENT PHOTOSlifestyle/health/health-problems/new-generations-of-australian-families-suffering-deformities-and-early-deaths-because-of-genetic-transfer/news-story/5a74b7eab2f433402aa00bc2fcbcbea4 “……..   But the link between exposure to radiation at the test sites and subsequent illness of the BNT veterans and their descendants has never been accepted by the Australian Government.

A Department of Veterans’ Affairs study concluded that “only two per cent of participants received more than the current Australian annual dose limit for occupationally exposed persons”.

Those who can prove they sustained an injury or disease related to their service are eligible for compensation under the Safety, Rehabilitation and Compensation Act 1988 (SRCA), and its antecedent Acts.

But BNT veterans told news.com.au they are continually rejected on the grounds that the levels of radiation they were exposed to were “too low” to cause their illnesses.

It’s a stark contrast to a 1999 study for the…

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Mainstream media played down the health risks of Fukushima nuclear meltdown


Pascale’s analysis initially characterized the risk to the general population in one of three ways: low, uncertain, or high. However, when examining the bases on which these characterizations were made, it was clear that all media characterizations of uncertain risk were subsequently interpreted as evidence of low risk.

“The mainstream media–in print and online–did little to report on health risks to the general population or to challenge the narratives of public officials and their experts,”

news-nukeNews coverage of Fukushima disaster found lacking http://www.eurekalert.org/pub_releases/2016-03/au-nco031016.php  American University sociologist’s new research finds few reports identified health risks to public
AMERICAN UNIVERSITY (WASHINGTON, D.C.) March 10, 2016 –– Five years after the 2011 Fukushima Daiichi nuclear disaster in Japan, the disaster no longer dominates U.S. news headlines, although experts say it is a continuing disaster with broad implications. A new analysis by American University sociology professor Celine-Marie Pascale finds that U.S. news media…

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Australia’s uneconomic and declining uranium industry


text-uranium-hypeFukushima five years on, and the lessons we failed to learn, Guardian, Dave Sweeney, 11 Mar 16 “…….As home to around 35% of the world’s uranium reserves, Australia has long been a significant player in the global nuclear trade.

Since the 1980s Australian uranium mining has been dominated by two major operations – Ranger in Kakadu and Olympic Dam in northern South Australia. Both operations and their heavyweight owners have been voting with their feet and their finances since 2011. Processing of stockpiled ore continues at Ranger but mining has ended and parent company Rio Tinto is now preparing to commence costly and complex rehabilitation work.

At Olympic Dam the world’s biggest mining company BHP Billiton stunned the South Australian government in 2012 when it shelved an approved and long planned multi-billion dollar mine expansion.

Smaller mines like Honeymoon in South Australia have been placed on extended care and maintenance, junior companies…

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Emerging thyroid cancer epidemic in Fukushima former residents. Australia take note!


thyroid-cancer-papillaryFukushima: The misery piles up https://pursuit.unimelb.edu.au/articles/fukushima-the-misery-piles-up
Five years on from the Fukushima nuclear disaster there is now an emerging thyroid cancer epidemic and 174,000 people are still displaced By Associate Professor Tilman Ruff, Nossal Institute for Global Health,University of Melbourne

Five years on, the Fukushima nuclear disaster is far from over – the dispersed fallout continues to irradiate and move around the environment; in the water, in the plants and animals, and blown on the wind.

Every day 300 tons of contaminated water leak from the wrecked nuclear plants into the soil and eventually the ocean. The Reconstruction Agency estimates 174,000 people remain displaced, with many families disrupted having lost their land and livelihoods and now facing an uncertain future.

Despite inadequate health monitoring of exposed people, ultrasound screening of almost 370,000 children in Fukushima has yielded clear evidence of an emerging thyroid cancer epidemic among children and adolescents…

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USA solar energy market now racing ahead


text-relevantThe US Solar Market Is Growing Ridiculously Fast http://www.motherjones.com/blue-marble/2016/03/us-solar-Statue-of-Liberty-solarmarket-growing-ridiculously-fast By Tim McDonnell Mar. 9,At the end of 2015, the solar industry experienced something of a Christmas miraclewhen Congress unexpectedly extended a package of vital tax credits for renewable energy that were set to expire. Overnight, 2016 went from looking like it was certain to be a bust to looking like one of the biggest growth years on record.

New analysis from the energy market research firm GTM paints a picture of the awesome year solar installers in the United States have ahead of them. GTM predicts solar installations to jump 119 percent in 2016, adding 16 gigawatts of new solar by year’s end. (For reference, in 2011 there were only 10 gigawatts of solar installed total across the country.) Most of that is utility-scale solar farms, with the remainder coming from rooftop panels on homes and businesses.

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Time for UK to scrap its new nuclear power project


Hinkley-nuclear-power-plantTime for the UK to end attachment to Hinkley Point nuclear plant, Ft.com, 10 Mar 16 
The costs and technical uncertainty were a warning to ministers  
When George Osborne, touring China in September, announced the UK’s commitment to a new power station at Hinkley Point, he intended it as a cornerstone of Britain’s drive for Chinese investment.

No matter that, the following month, protesters inflated a giant white elephant near the site for a visit by Xi Jinping, China’s president.

Not easy, then, for the chancellor to announce that the deal should not go ahead. Yet that is what he should do.

The resignation of Thomas Piquemal, chief financial officer of EDF, the French utility building the plant — apparently because of the threat that the project poses to EDF’s financial stability — gives him the chance.

If the plant is ever built, it would have…

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Nuclear Royal Commission findings agree with French report: Nuclear power is prohibitively expensive


nuclear-costs1The Nuclear Industry Prices Itself Out Of Market For New Power Plants, Climate Progress, BY JOE ROMM MAR 8, 2016 “……… in newly-released findings, South Australia’s nuclear royal commission found that the price of electricity from new nukes greatly exceeded not only business-as-usual projections for electricity prices but also prices in a “strong climate action” case. The Commission concluded “it would not be commercially viable to generate electricity from a nuclear power plant in South Australia in the foreseeable future.”

The Commission explicitly looked at plausible electricity prices for a new reactor in 2030 based on both current designs and possible fourth-generation ones, such as small modular reactors (SMRs). The Commission estimated the cost for the most viable nukes at US$7 billion for a typical large 1125-megawatt reactor and $2.8 billion for two 180-megawatt SMRs. The smaller SMRs would be providing electricity for a whopping US$0.17 a kilowatt-hour!


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Radiation toll at wrecked Fukushima nuclear station, even kills the robots!


Fukushima deformed  structuretext-radiationInside the Fukushima nuclear power plant, five years after the disaster was triggered by an earthquake and tsunami, news.com.au,  MARCH 10, 2016 [EXCELLENT PHOTOS] “………Today, the radiation at the Fukushima plant is still so powerful it is impossible to extract and remove deadly melted fuel rods.

And authorities still don’t how to dispose of highly radioactive water stored in tanks around the site.

 While the plant’s operator, Tokyo Electric Power Co (Tepco), has made some progress, they are grappling with the fact that they don’t have the technology to find missing melted fuel rods in three reactors at the plant. The rods melted through containment vessels in the reactors.

Humans shouldn’t even be near these reactors. They are the most dangerous part of the plant.

Tepco has developed robots that have been sent in to search for radioactive fuel. But so far, none have been successful. They have all…

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Submissions close today on national radioactive waste project


sign-thisBeyond Nuclear Initiative: Submissions close today on national radioactive waste project . Six sites across the country have been named as possible locations for the national radioactive waste facility. The public comment period on this proposal will run until 5pm AEDT today March 11, 2016.

Community representatives from all of the six areas recently travelled to Canberra to meet face to face and stand united in calling for all of the sites to be scrapped due to local opposition. They are urging the government to halt the current site selection process and instead initiative an inquiry. A jointly prepared paper from the six sites is uploaded on the national waste dump page of the BNI website.

Radioactive waste production and management is a national issue and all interested people are encouraged to make a submission to the government process.

Tips for making a submission are on the Act! page of the BNI website.

Read more at: http://beyondnuclearinitiative.com/submissions-close-friday-on-national-radioactive-waste-project/

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