you cynic!
...but actually, it is an older idea than 2006.....
International Nuclear Fuel Cycle Evaluation Remarks at the First Plenary Session of the Organizing Conference.October 19, 1977Remarks from Jimmy Carter, President of the United StatesWe then went into a time of at least embryonic discussions of nuclear test bans, and now we have one that still permits the testing of weapons which have the equivalent of 150,000 tons of TNT. Even this has been recognized as an achievement. And, of course, we are discussing with the Soviet Union means by which we can eliminate, sometime in the future, our dependence upon atomic weapons altogether. We've lived under a threat which so far has not yet been realized, and I pray that it never shall.
In the last 32 years, there have been no people killed by the use of atomic weapons. But with the rapidly increasing price of oil and the scarcity of fuel which we have taken for granted in years gone by, there's an increasing pressure for expanding atomic power use. And commensurate with that use is also the threat of the proliferation of nuclear exp
I think an international fuel bank should be established, so that if there is a temporary breakdown in the bilateral supply of nuclear fuel, that there might be a reservoir of fuel to be supplied under those circumstances. And we'll certainly contribute our own technical
http://www.presidency.ucsb.edu/ws/index.php?pid=6809---------------------------
A central challenge will be to convince those who argue for sovereignty on such decisions to consider a new system.
"It will require leadership, and preferably a multiheaded leadership, involving leading suppliers and important consumers," says
Lawrence Scheinman, who wrote fuel-bank proposals for the Carter Administration and now teaches at the Center for Nonproliferation Studies at the Monterey Institute of International Studies in California. "Where will that leadership come from? Would the international community feel comfortable with US leadership? The US has in the past led constructively - and still can."
http://www.sgpproject.org/Personal%20Use%20Only/091806FuelBank.htm------------------------
Mohamed ElBaradei, director general of the IAEA, said that the next step would be to develop a proposed framework for the fuel reserve and present it to the IAEA board for consideration in June.
The concept of a fuel bank has been strongly supported by ElBaradei, who has said it is necessary for the serious expansion of nuclear power in future.
The purpose is that guarantees of supply would dissuade individual countries from pursuing their own nuclear fuel production capability, some elements of which can be abused to create nuclear weapons.A case in point is that of Iran, where uranium enrichment programs began outside the view of the IAEA. Iran has always said that the purpose was to make fuel for its forthcoming power reactor at Bushehr, but the hidden nature of the early stages of the project raised concerns that will not go away.
Besides enriched uranium, a comprehensive guarantee scheme would also have to cover supply of finished reactor fuel for the exact fuel assembly designs in use today. And a fuel bank to avoid situations like the current Iranian issue would beg the question of what the world would do if a country decided to develop its own enrichment plants despite supply assurances.
http://www.world-nuclear-news.org/ENF_Funding_complete_for_fuel_bank_concept_0603092.html----------------------
John Edwards - Candidate website for 2008We should also lead a multilateral effort to create a regional fuel bank that Iran could use for peaceful purposes. We should also use the possibility of bringing Iran into multilateral economic organizations, including the WTO, to draw Iran's elites into pressuring the regime to change course and abandon its nuclear ambitions.
http://johnedwards.com/issues/reengage/---------------------
Hillary Clinton - Candidate in 2008 As president, I will support efforts to supplement the Nuclear Nonproliferation Treaty. Establishing an international fuel bank that guaranteed secure access to nuclear fuel at reasonable prices would help limit the number of countries that pose proliferation risks."
http://www.asil.org/clinton.cfm-----------------------------
IAEA for nuclear fuel bank Vienna: With India and some other countries evincing interest in the construction of nuclear power plants, the IAEA is contemplating establishing a reserve nuclear fuel bank for supplying fuel to nations which have renewed interest in expanding their atomic energy programme.
This fuel bank would operate on the basis of “apolitical and non-discriminatory non-proliferation criteria,” the U.N. nuclear watchdog’s Director General Mohammed ElBaradei said here on Tuesday.
Several nations have shown interest in nuclear power plants.
Controlling of nuclear material is a complex process, yet if we fail to act, it could be the Achilles heel of the nuclear non-proliferation regime, he said. — PTI
http://www.thehindu.com/2007/09/19/stories/2007091956121800.htm---------------------
EU pledges €25 million to nuclear fuel bank 09 December 2008
The Council of the European Union will contribute up to €25 million ($32 million) towards an international nuclear fuel bank controlled by the International Atomic Energy Agency (IAEA), bringing the prospect a step closer.
http://www.world-nuclear-news.org/NP-EU_pledges_25_million_to__nuclear_fuel_bank-0912087.html---------------------