50 Tons of Highly Enriched Uranium in 40 countries

According to presidential candidate Obama, 50 tons of loosely guarded highly enriched uranium (HEU) remains in 40 countries around the world and he wants to negotiate agreements to eliminate them in four years. A laudable goal, and how will we go about doing this? Will all these other countries willingly give up their HEU stocks? Will they decommission or convert their HEU-based operating reactors?

In this 1-page proposal, I explore how a single, fixed-price for HEU might solve the problem once and for all.

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