Essential features of the recommendations are to (1) replace licensing of low-risk individual transactions with programmatic approvals; (2) establish timelines for decisions on those items that still require licenses; (3) streamline the munitions list through annual reviews; and (4) harmonize national and multilateral lists to eliminate jurisdictional disputes.
Essential features of the recommendations are to (1) replace licensing of low-risk individual transactions with programmatic approvals; (2) establish timelines for decisions on those items that still require licenses; (3) streamline the munitions list through annual reviews; and (4) harmonize national and multilateral lists to eliminate jurisdictional disputes.
Reviews five key areas that have emerged and developed during the past decade: funding nuclear security; creating an international spent fuel facility to aid the Russian nuclear complex; commercializing the excess defense infrastructure; using transparency to ensure the safe management of nuclear materials worldwide; and maintaining leadership of the US domestic nuclear infrastructure. The volume lacks a subject index.
America’s nuclear energy industry is in decline. Low natural gas prices, financing hurdles, failure to find a permanent repository for high-level nuclear waste, reactions to the Fukushima accident in Japan, and other factors are hastening the day when existing U.S. reactors become uneconomic. The decline of the U.S. nuclear energy industry could be much more rapid than policy makers and stakeholders anticipate. China, India, Russia, and others plan on adding nuclear technology to their mix, furthering the spread of nuclear materials around the globe. U.S. companies must meet a significant share of this demand for nuclear technology, but U.S. firms are currently at a competitive disadvantage due to restrictive and otherwise unsupportive export policies. Without a strong commercial presence in new markets, America’s ability to influence nonproliferation policies and nuclear safety behaviors worldwide is bound to diminish. The United States cannot afford to become irrelevant in a new nuclear age.
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