Source: Daedalus
Multilateral Nuclear Fuel Supply Guarantees and SpIn a special issue of Daedalus on the "Global Nuclear Future," published by the American Academy of Arts & Sciences, Pierre Goldschmidt posits that further improving the reliability of fuel supply is best achieved by giving priority to fuel leasing contracts coupled with long-term generic export licenses, and last resort multilateral fuel supply arrangements. Regarding the back-end of the fuel cycle, Goldschmidt argues that developing multinational fuel-storage and geological disposal facilities will be relegated to the distant horizon due to the prevailing "Not-In-My-Backyard" syndrome. He concludes that, as long as impediments to multinational spent fuel management remain high, it is most urgent to strengthen the IAEA’s verification authority and improve the likelihood of prompt and firm UN Security Council action when a state is found to be in non-compliance with its IAEA safeguards or NPT obligations.