Peter Wells, Neftex, on nuclear, Iran & recycling uranium

Dr. Peter Wells is a Non-Executive director of Neftex. Neftex started earth modeling in 2003. The Neftex Earth Model now approaches full global coverage and has application to the Petroleum, Minerals, Finance, Groundwater and Publishing industries, and also to the emerging field of Carbon Capture and Storage.

Wells talked to me, Lou Ann Hammond, CEO, www.carlist.com about Iran and whether they are trying to make a bomb or create nuclear energy.

Wells told me that Iran had given up on nuclear power until the ’90s, when Iran resurrected the nuclear program because they saw Iraq as a threat.

Things went quiet for a period of time, but around 2003 Iran gained nuclear centrifuge technology from Dr Abdul Qadeer Khan of Pakistan. Khan is known as the father of the Islamic bomb. Wells talked about the fact that Iran had signed a non-proliferation treaty (NPT). At that time, Wells believes, Iran was only interested in Nuclear for energy, not for a bomb. Wells noted that Israel is not a signatory of the NPT, even though they do have nuclear weapons.

Wells walked me through some of the history: After Iraq and Afghanistan were invaded Iran wanted the threat of nuclear power. Iran thought Nuclear Power would give the regime more stability. Wells does believe there is a secret program for weaponization in Iran.

What can be done about it? Wells says not much. Military intervention would interrupt oil supply.

Are we going to have to live with a nuclear Iran? “Yes we probably are.”

Should the United States recycle their used uranium? See what Wells has to say.

About the Author:

Lou Ann Hammond is the CEO of Carlist and Driving the Nation. She is the co-host of Real Wheels Washington Post carchat every Friday morning and is the Automotive, energy correspondent for The John Batchelor Show and a Contributor to Automotive Electronics magazine headquartered in Korea. Hammond is a member of the North American Car and Truck of the Year (NACTOY), Women's World Car of the Year (WWCOTY), and the Concept Car of the Year.