A nuclear fuel bank is a proposed approach to provide countries access to enriched nuclear fuel, without the need for them to possess enrichment technology. The basic concept is that countries who do have enrichment technology would donate enriched fuel to a "bank", from which countries not possessing enrichment technology would obtain fuel for their power reactors.
The concept of providing an assured supply of nuclear fuel and thus avoiding the need for countries to build indigenous nuclear fuel production capability has long been proposed as a way to curb the proliferation of nuclear weapons and, eventually, eliminate them altogether. Austria, Russia, the European Union, the United States, and others have supported various concepts of an international fuel bank. Many non-nuclear-weapon states have been reluctant to embrace any of these proposals for varying reasons.
Read more about Nuclear Fuel Bank: Overview, Proposals, Recent Developments
Famous quotes containing the words nuclear, fuel and/or bank:
“We now recognize that abuse and neglect may be as frequent in nuclear families as love, protection, and commitment are in nonnuclear families.”
—David Elkind (20th century)
“Beware the/easy griefs, that fool and fuel nothing./It is too easy to cry “AFRIKA!”/and shock thy street,/and purse thy mouth,/and go home to thy “Gunsmoke,” to/thy “Gilligan’s Island” and the NFL.”
—Gwendolyn Brooks (b. 1917)
“Life is a long Dardenelles, My Dear Madam, the shores whereof are bright with flowers, which we want to pluck, but the bank is too high; & so we float on & on, hoping to come to a landing-place at last—but swoop! we launch into the great sea! Yet the geographers say, even then we must not despair, because across the great sea, however desolate & vacant it may look, lie all Persia & the delicious lands roundabout Damascus.”
—Herman Melville (1819–1891)