Just released on AAP news .Costello wants to see uranium...

Just released on AAP news .

Costello wants to see uranium industry developed
AAP News
10:13:020 7/06/2005
CANBERRA, June 7 AAP - The development of a domestic uranium
industry would be very much in Australia's interest, Treasurer
Peter Costello said today.
"I don't even know that there has to be a debate, I think we can
move to a conclusion which is the development of Australia's
uranium industry and the use of it for peaceful purposes would be
very much in Australia's interest," he told reporters.
"If domestic production stacks up on economic grounds, of course
I would support it.
"The only point I would make is that we have large deposits of
coal, we can produce electricity from coal extremely
competitively."
Mr Costello said he was unsure about the economic benefit of
producing power from uranium but if it was commercially viable he
would support it.
"I believe that it can be done peacefully, I believe that it can
be done in a way which meets all sorts of safe guards, including
environmental safeguards," he said.
"The only reason why you'd look at it in the Australian context
is make sure the costs stack up."
AAP