3. THE CARTER POLICY
On April 7, 1977, President Jimmy Carter announced that the United States would defer indefinitely the reprocessing of spent nuclear reactor fuel. He stated that after extensive examination of the issues, he had reached the conclusion that this action was necessary to reduce the serious threat of nuclear weapons proliferation, and that by setting this example, the U. S. would encourage other nations to follow its lead.
President Carter's Executive Order also announced that the U. S. would sponsor an international examination of alternative fuel cycles, seeking to identify approaches which would allow nuclear power to continue without adding to the risk of nuclear proliferation. More than thirty nations participated over almost three years. But no new magic answer could be found.
Some other nations went ahead with reprocessing and breeder development, but high costs and loss of political support delayed plans in many nuclear projects around the world. The U. S. never regained its technological lead in nuclear energy development, its own nuclear power program had already gone from orders to cancellations, and the dream of long-term future energy security from breeder reactors faded away. The three years of uncertainty about the future had wiped away further prospects for private investments in the nuclear fuel cycle. Today, twenty years later, all U.S.
spent fuel remains in storage at each plant where it was used.