[Peakoil] Iran stand-off to establish a uranium cartel?

[Alex P]

A fascinating advance on the Iran-Euro-Petrodollar theory:

http://www.courtfool.info/en_Raid%20on%20Nuclear%20Fuel%20Market.htm
(note that the author mistakenly uses the word "dispose" when he means
"possess")

Essentially, the theory is that the US has recruited Germany, the UK and
France into a scheme to limit uranium enrichment to a small number of
nations, thus establishing an oligopoly. As oil supplies diminish the great
powers need to find a way to keep lesser nations on their energy supply leash.

It is interesting to consider how such a scheme would affect Australia.
Climate Change means conventional coal power is out. So the world is left
with "clean coal" (which may never really work), uranium power and
renewables. Going nuclear would put us on the leash, since we would never
enrich uranium ourselves (Though some reactors use unenriched uranium eg CANDU?)

But above all it means that Australia can not be allowed to convert to
renewables since that would provide a terrible example to the world, it
would prove a nation can make a Declaration of Energy Independence.

The chink is that Russia and China do not seem to have bought into the
scheme as yet. The great powers need Australia more than Australia needs
them. Could Australia and China find common interests in not participating
in the oligopoly and cooperating on renewables, using Australian uranium
exports as a bargaining chip? Mr Rudd's China delegation is more than a
stunt methinks.

Alex
O4O4873828

ACT Peak Oil
http://act-peakoil.org