Queensland Resources Lobby: Open Up Uranium, Nuclear Industries

Source:

Mr Roche, chief executive of the Queensland Resource Council, said that with nuclear power expanding in 30 countries and the Intergovernmental Panel on Climate Change highlighting its role in combating climate change, Queensland's ban on uranium has been overtaken by global developments.

The Queensland Resources Council argued today that lifting a ban on uranium mining could expand the state's economy and through its use in nuclear power generation help to avoid huge greenhouse gas emissions.

Michael Roche, chief executive of the council, said lifting the ban would underwrite a multibillion dollar investment and jobs expansion in the north and north west of the state.

A Deloitte Insight Economics’ report said lifting the ban could help Queensland producers win around 2 per cent of the global market by 2030, pushing up gross state product by $2.5 billion.

“It's estimated that Queensland uranium exported for nuclear power generation could in 2030 alone avoid the annual production of some 120 million (metric) tonnes of carbon dioxide," Mr Roche said in a statement.

This is equivalent to around 70% of Queensland's 2006 greenhouse gas emissions, he added.

Mr Roche said that with nuclear power expanding in 30 countries and the Intergovernmental Panel on Climate Change highlighting its role in combating climate change, Queensland's ban on uranium has been overtaken by global developments.

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