U.S. Nuclear Energy Push Could Generate Global Competition for Uranium
Source: Mineweb.com (4/16/07)
Austin, Texas, strategic consulting firm Stratfor suggests that a renewed push for U.S. nuclear energy "could lead to even more global competition for uranium and a boom in nuclear energy investment."
The biggest stumbling block to domestic nuclear power is the lack of a nuclear storage facility, Stratfor warned in a recently published global market brief.
The proposed Yucca Mountain national repository in Nevada remains stalled, while concerns about terrorism have slowed the Bush Administration's Global Nuclear Energy Partnership (GNEP) promoting the reprocessing of nuclear fuel. Meanwhile, the storage of nuclear waste at nuclear facilities has drawn substantial local opposition.