Nuclear Issues

9 Items

Testimony

Public Testimony on Trump Administration Funding for Nuclear Theft Preventing Programs

| Mar. 31, 2020

A nuclear explosion detonated anywhere by a terrorist group would be a global humanitarian, economic, and political catastrophe. The current COVID-19 pandemic reminds us not to ignore prevention of and preparation for low-probability, high-consequence disasters. For nuclear terrorism, while preparation is important, prevention must be the top priority. The most effective strategy for keeping nuclear weapons out of the hands of terrorists is to ensure that nuclear materials and facilities around the world have strong and sustainable security. Every president for more than two decades has made strengthening nuclear security around the globe a priority. This includes the Trump administration, whose 2018 Nuclear Posture Review states: “[n]uclear terrorism remains among the most significant threats to the security of the United States, allies, and partners.”

The Bavand, one of two stranded Iranian vessels, sits anchored at the port in Paranagua, Brazil on July 25, 2019. In defiance of U.S. sanctions, Brazil's top court ordered state oil company Petrobras to supply fuel to two Iranian vessels that were stranded off the coast of Parana state since early June (AP Photo/Giuliano Gomes).

AP Photo/Giuliano Gomes

Journal Article - Washington Quarterly

A Financial Sanctions Dilemma

| Winter 2020

Over the last two decades, there has been a dramatic increase in the popularity of financial sanctions as an instrument of US foreign policy to address security threats ranging from weapons of mass destruction (WMD) proliferation and terrorism to human rights violations and transnational crime. Washington’s policymakers have prized these tools for their ability to rapidly apply pressure against foreign targets with few perceived repercussions against American business interests. The problem, however, is that Washington is ignoring a growing tension between financial sanctions designed to support economic statecraft (with non-financial goals) and those designed to protect the international financial system. Confusing the two sends mixed signals to adversaries as well as allies and undermines US credibility and commitment to upholding international banking rules and norms. If Washington cannot reconcile these competing processes, it is unlikely that future administrations will enjoy the same foreign policy levers, leaving the United States at a significant disadvantage.

Nigeria's Miniature Neutron Source Reactor was the last operational research reactor in Africa to make the conversion from HEU to LEU. Here, the HEU once used in the reactor is loaded for shipment back to China, the supplier (IAEA).

IAEA

Policy Brief - Belfer Center for Science and International Affairs, Harvard Kennedy School

Securing Nuclear Weapons and Materials Worldwide: Expanded Funding Needed for a More Ambitious Approach

| Apr. 19, 2019

The Trump administration budget request for programs to reduce the dangers of nuclear theft and terrorism is too small to implement the ambitious approach that is needed. Congress should increase funding in this critical area; direct the administration to develop and implement a comprehensive plan for improving security for nuclear weapons and materials worldwide; and exert expanded oversight of this effort. This brief highlights the importance of ongoing nuclear security work; describes the evolving budget picture; and outlines recommendations for congressional action.

Announcement

Nuclear Fuel Supply Concept Developed by Debra Decker and Erwann Michel-Kerjan is Featured in the Global Risks 2008 Report of the World Economic Forum

| January 22, 2008

"A truly innovative concept has been proposed by a joint team from the Wharton Business School and Harvard's Kennedy School: "insure to assure." The proposed solution — complementary to the efforts of the IAEA and others — would create a partnership between financial industries and governments to create the world's first international nuclear fuel insurance fund."

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Discussion Paper - Belfer Center for Science and International Affairs, Harvard Kennedy School

A New Energy Paradigm: Ensuring Nuclear Fuel Supply and Nonproliferation through International Collaboration with Insurance and Financial Markets

| March 2007

"Seeking ways to dissuade more states from contemplating launching their own uranium enrichment programs...the International Atomic Energy Agency (IAEA) is considering different mechanisms to assure these states that they can obtain fuel supplies from the market without political interference."