But is BHP just playing the uranium card ?….is it an announcement to push the South Australian government to OK the Olympic Dam mine expansion;
BHP Boss Casts Doubt On Coal’s Future, Energy Efficiency, September 18th, 2010 When the world’s largest mining boss Marius Kloppers warns Australia should look beyond coal and towards other energy sources, you have to wonder whether its spin or otherwise. According to the BHP Billiton CEO, the Australian economy will suffer if it does not significantly reduce its carbon emissions in anticipation of a global carbon price
BHP – one of the world’s largest producers of thermal coal making almost 10% of its revenue - have seemingly acknowledged the need for action on climate change, even though the mining industry (the Minerals Council of Australia), was a very vocal opponent of Rudd’s emissions trading scheme…….
But is BHP just playing the uranium card ?
…….With Peak Coal predicted for Australia in 2040, is BHP more interested in nuclear power for Australia so they can dig more coal to sell elsewhere; is it an announcement to push the South Australian government to OK the Olympic Dam mine expansion; would nuclear reactors reduce our greenhouse emissions ?
Whatever the question and answer, if an honest approach is used, then nuclear power will not be a solution … ever; the simple reason is that an honest approach is one where the embodied energy and GHG emissions emitted in developing the land, building and commission a nuclear power plant and decommissioning the plant and ensuing emissions to do so are added to the emissions of the plant while it is running and being maintained; and then when you have added that in and then considered – rationally – where the nuclear waste is to be stored, that the real cost emerges; and it won’t be a simple Prof Ross Garnaut type solution like dumping tailings at sea either…..