Thursday, November 26, 2009

Nuclear Fuel: Are We Heading For A Uranium Crunch?

Lack of incentive to invest in more uranium mines
(Image: Robert Francis/Robert Harding/Rex Features)


From New Scientist:

AS THE world prepares for the largest investment in nuclear power in decades, owners of uranium mines last week raised the prospect of fuel shortages. To make things worse, the reliability of estimates of the amount of uranium that can be economically mined has also been questioned.

Volatile oil and gas prices, along with the threat of global warming, have pushed governments to reconsider nuclear energy, partly because it is a low-carbon technology and partly because uranium supplies seem plentiful.

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