A warning on greedy businessmen’s push for nuclear chain in South Australia

Mr Hundertmark told The New Daily last year that the company had identified international capital sources for funding local nuclear projects and had formed connections with global players.
“The funding of the things that need to be done is not a real problem – the problem is to get the legislative changes needed,” he said at the time.

Australian Conservation Foundation spokesman David Sweeney warned that the Royal Commission could merely be a pretext for conditioning South Australians to the prospect of establishing a nuclear waste dump.

“There’s no doubt that a large part of this inquiry is to de-sensitise people to the idea of creating an international radioactive waste dump in the state,” he said.“People need to be wary of the possibility that the inquiry is just a Trojan horse for getting a waste dump built.”

Mr Sweeney said any independent inquiry would find that the economic case for nuclear power did not stack up. “As far as nuclear power is concerned, this is a fanciful exercise because of the outstanding growth of renewable alternatives,” he said.

Mr Weatherill said the government would finalise the terms of reference for the Royal Commission in consultation with experts.

In June last year, The New Daily revealed that a group of high-powered businessmen and scientists led by former News International director Bruce Hundertmark had formed a new company to prepare business proposals for nuclear power stations in South Australia.

Apart from Mr Hundertmark, the board of South Australian Nuclear Energy Systems Pty Ltd, includes Ian Kowalick, the former chief of staff to ex-Liberal premier John Olsen. http://thenewdaily.com.au/news/2015/02/08/south-australia-takes-first-step-nuclear-power/