NIRS has joined our counterparts in Ukraine in calling for sanctions on Russia’s nuclear industry. Doing so should not depend on there being no impact on the U.S. economy, but in the case of sanctioning Russia’s nuclear industry, that is not even an issue. Banning Russian uranium would have no meaningful impact on U.S. consumers or keeping the lights on.
So why did the nuclear industry make the bad PR move of lobbying for an exemption from the Russia sanctions–even as Russian forces attacked and occupied Ukrainian nuclear sites? The usual answer: greed and opportunism.