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Andrew MacKillop writes this February 2011 in his article "The Arab Revolt And The Failed Nuclear Subprime Rout":"...Until the Arab youth revolt started sweeping the entire Middle East and North Africa (MENA) region in January 2011, the key geographic region for selling nuclear reactors and creating the new nuclear South – was the MENA. Who today in their right mind, 6 weeks later at end-February 2011, would suggest it is still a nice, progessive and productive, secure and useful idea to sell industry standard, Chernobyl-sized nuclear power plants to countries like Libya, Egypt, Algeria, Morocco, Jordan, Syria, Saudi Arabia, Kuwait, UAE, Iran, the Central Asian republics, or any other civil war-prone country of the region, like Sudan ? At this moment in time any fast forward scenarios for the MENA region are cloudy, but above all troubled. Today, nobody knows the best by date for remaining regimes in place, in these countries. Apart from minor details like nuclear power plants being likely early collateral damage in civil wars of the region with massive destruction potential, the collapse of friendly dictators in the region heavily weakens another basic need of the scam - for the borrowing parties to remain in existence throughout the life of the global Ponzi scheme that was going to be operated, using nuclear assets in the South as the underlying security..." Read "The Arab Revolt And The Failed Nuclear Subprime Rout" by Andrew MacKillop |
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Dear Andrew McKillop,
ReplyDeletein general an interesting article you have send, but I have 4 main questions for you:
1. Can you or anyone really tell which way the coin will drop, or in other words can we make out now, whether the new to form governments in the MENA Region will be pro- or anti-nuclear ?
2. And what about the threat of Iran going nuclear as one of the motives to go for nuclear power in the MENA Region?
3. What about the unwillingness, or in other words the impossibility to insure nuclear power, because no one is willing to pay the price in case of an accident, which makes nuclear power by far the most expensive form of energy ?
4. What about the setbacks and other technical difficulties and thus overruns of the price of nuclear power reactors the nuclear industry is having difficulties with the least at this very moment ?
Regards,
Ak Malten,
Pro Peaceful Energy Use