Monday, October 29, 2007
And They're Off
Egypt has announced it will dust off its long-dormant plans for a nuclear energy program and seek investment to construct several nuclear reactors by 2020. They stressed that they have no intention of developing a fuel enrichment capacity, and will maintain transparency vis a vis the IAEA. They join Jordan, Saudi Arabia, Libya, and the United Arab Emirates on the nuclear energy waiting list. Toss in the recent deal Sarkozy just signed with Morocco to develop their nuclear energy program, Iran's controversial program, and Israel's weapons capacity and it's clear that the face of the Middle East is radically transforming before our eyes.
The region seemed volatile enough when it was just sitting on fields of combustible fuel. What's it going to be like when they've got meltdown capacity?