US ready to help finance global nuclear power expansion: Bush - 0 views
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Energy Net on 03 Oct 08The US is prepared to help other countries develop nuclear energy, including by "assisting with the necessary financing," President Bush told the International Atomic Energy Agency's General Conference in Vienna Monday. Bush's message was delivered as part of more extensive remarks by US Energy Secretary Samuel Bodman, who also said, "We must make the development of a global commercial nuclear infrastructure a priority." Bodman also called on other IAEA member states to establish an international fuel bank that would begin operations by the end of the year. The fuel bank's goal would be to provide an incentive to countries with new nuclear power programs to refrain from pursuing indigenous uranium enrichment programs.