Tuesday, October 22, 2013

Once again fission Nuclear power proves too expensive to insure.     India refuses to buy US reactors unless they come with warrentees from manufacturers that include full liability.   Of course the producers of nuclear plants (eg GE, Westinghouse) don't have to pay for defects in their products in the US per US Federal Law, so why should India want these US companies to be held accountable?

http://india.blogs.nytimes.com/2013/10/15/the-impasse-over-liability-clause-in-indo-u-s-nuclear-deal/?src=recg

There is, of course one obvious reason they may want US companies to agree to be accountable for their plants:  Bhopal.


In related news, the ex. PM of Japan just came out for completely eliminating nuclear plants form Japan  calling nuclear power:

http://www.nytimes.com/2013/10/03/world/asia/former-prime-minister-declares-opposition-to-nuclear-power-in-japan.html