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Labor hypocrisy on uranium sales to India

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The Hon Julie Bishop, MP Shadow Minister for Foreign Affairs Deputy Leader of the Opposition Member for Curtin

Labor hypocrisy on uranium sales to India

Friday, 21 January 2011

The ongoing refusal of the Labor Government to allow sales of Australian uranium to India is further evidence that Labor is willing to maintain its hypocrisy on the key issue of climate change.

With the IMF forecasting economic growth of just under 10% in India this year, it is vital that India has access to low-emission sources of energy that will underpin this growth.

Labor once declared climate change to be the “greatest moral, environmental and economic challenge of our age”, yet it refuses to provide India with the uranium it needs to power its growing nuclear energy sector.

The refusal to allow uranium sales is also preventing Australian companies competing in India's energy market.

India has signed nuclear technology and supply agreements with a raft of countries including the United States, Canada, France and Russia.

The International Energy Agency has forecast massive demand for electricity in developing countries such as India in coming decades and it is ideological nonsense for Labor to prevent Australian companies from participating in that market.