20 August: A new report into the claimed economic benefits to regional communities of the Federal Government nuclear waste facility has found the government has exaggerated the benefits, and not properly factored in insurance costs and other risks.
“This whole process has been poorly conducted and horribly divisive from day one,” said Craig Wilkins, Chief Executive of Conservation SA.
“Knowing how reluctant many people in Kimba and the Flinders Ranges are to having a nuclear waste dump in their backyard, the Federal Government has greatly over-sold the economic benefits to try and buy community support.
“This report is a reality check for a community sick of the spin from the Federal Government,” he said.
Conservation SA commissioned economic think tank The Australia Institute to examine more closely Federal Government’s claims of an economic windfall for the affected communities.
The Down in the Dumps report compared the current Australian National Radioactive Waste Management Facility (NRWMF) plans with similar facilities overseas, and found a raft of exaggerated jobs and economic return claims. For example, a proposed facility in Canada which is more than one hundred times larger with more functions and features, will cost only half as much to construct and operate.
As the report’s author, Dr Cameron Murray, states: ‘Either the waste facility is orders of magnitude larger than need for Australia’s nuclear waste, or the government has exaggerated the economic returns to the local community of the NRWMF facility’.… Read more >>