"… the most worrying problem is the misconception that uranium is plentiful. The world’s nuclear plants today eat through some 65,000 tons of uranium each year. Of this, the mining industry supplies about 40,000 tons. The rest comes from secondary sources such as civilian and military stockpiles, reprocessed fuel and re-enriched uranium. “But without access to the military stocks, the civilian western uranium stocks will be exhausted by 2013, concludes Dittmar. It’s not clear how the shortfall can be made up since nobody seems to know where the mining industry can look for more. That means countries that rely on uranium imports such as Japan and many western countries will face uranium shortages, possibly as soon as 2013. Far from being the secure source of energy that many governments are basing their future energy needs on, nuclear power looks decidedly rickety. But what of new technologies such as fission breeder reactors which generate fuel and nuclear fusion? Dittmar is pessimistic about fission breeders. “Their huge construction costs, their poor safety records and their inefficient performance give little reason to believe that they will ever become commercially significant,” he says." - Steven Perez from Bookmarklet