Nuclear Fuel Bank

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)

    Good resolutions are useless attempts to interfere with scientific laws. Their origin is pure vanity. Their result is absolutely nil. They give us, now and then, some of those luxurious sterile emotions that have a certain charm for the weak.... They are simply cheques that men draw on a bank where they have no account.
    Oscar Wilde (1854–1900)