Bellona Raises NOK 13 Million, Avoids Bankruptcy
A fundraising campaign launched by the Bellona Foundation has succeeded in securing the organization’s future and averting bankruptcy. ̶...
News
Publish date: February 14, 2005
News
The United States National Nuclear Security Administration (NNSA) and the United Kingdom’s Trade and Industry Ministry signed on January 27 a Memorandum of Understanding (MOU) to assist the permanent shutdown of the final operating weapons grade plutonium production reactor in the closed nuclear city of Zheleznogorsk, Russia, US Newswire reported.
Under this MOU the United Kingdom will contribute $20M to NNSA’s Elimination of Weapons Grade Plutonium Production Program (EWGPP). NNSA Assistant Deputy Administrator for Defense Nuclear Nonproliferation James Turner signed the MOU with the United Kingdom’s Minister of Trade and Industry Nigel Griffiths. The governments of the United Kingdom and the United States are supporting the shutdown of the Zheleznogorsk plutonium production reactor as part of their commitment to the G8 Global Partnership.
The EWGPP will result in the permanent shutdown of three Russian nuclear reactors, which currently produce weapons-grade plutonium. These reactors, which are the last three reactors in Russia that produce plutonium that could be used for military purposes, also provide necessary heat and electricity to two regions in Siberia. In order to meet these energy requirements, the EWGPP will provide support to the Russian Federation for provision of replacement fossil energy plants. The Russians have agreed to permanently shut down the reactors once replacement energy is provided.
A fundraising campaign launched by the Bellona Foundation has succeeded in securing the organization’s future and averting bankruptcy. ̶...
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As the Bellona Foundation in Oslo nears its 40th birthday, we are facing the most severe financial crisis of our life. We need to raise 8 million Norwegian kroner (approximately €740,000) by Sunday, June 7, or we will be forced to cease operations