| Abstract: | Because most of the world's proliferators have used the Nuclear Non‐proliferation Treaty's (NPT) call on nations to ‘share the benefits of the applications of peaceful nuclear energy’ to help justify their nuclear activities, it is unclear just how much any proliferator ultimately has been restrained by these rules. This needs to change but is unlikely, unless the NPT's qualifications on the right to ‘peaceful’ nuclear energy are read in a much more restrictive fashion to only authorize nuclear projects that are clearly beneficial economically and that truly can be safeguarded against diversion to make bombs. In this regard, our best hope is that, as nations consider how to prevent global warming, they might adopt clear economic guidelines that would compel all energy projects—both nuclear and non‐nuclear—to compete economically against one another on a much more level playing field. This would make dangerous, uneconomical nuclear projects far less likely to be pursued, and a centering of the world's security on a proper reading of the NPT much more likely and sustainable. Indeed, unless economic discipline of this sort is attempted internationally, it is quite likely that the continued implementation of the current egregious view of the NPT will only serve to accelerate nuclear proliferation more rapidly than if there was no NPT at all. |
