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Japanese urged not to invest in risky new nuclear reactors

Speaking tour of Japan challenges MOX fuel use and financing for new U.S. reactors, Beyond Nuclear Aug 19 2 010 . Beyond Nuclear’s Kevin Kamps toured Japan from August 2nd to 12th, visiting Tokyo, Fukushima, Fukui, Kansai and Kyushu. Highlights included meeting with officials from the Japan Bank for International Cooperation and the Nippon Export and Investment Insurance agency, where a letter signed by 75 U.S. national and grassroots groups was delivered, urging no Japanese financing for risky new reactors in the U.S.

A backgrounder spelled out these risks in detail. Most proposed new U.S. atomic reactors have designs owned by Japanese companies — either Toshiba (Westinghouse), Hitachi (General Electric), or Mitsubishi. At South Texas Project, Toshiba and Tokyo Electric Power Company are even partners in the venture. In addition, Japan Steel Works would be the primary supplier of large nuclear components, such as reactor pressure vessels and steam generators. The Japanese news media were alerted to the letter and meeting………

Beyond Nuclear – Home – Speaking tour of Japan challenges MOX fuel use and financing for new U.S. reactors

August 20, 2010 - Posted by Christina Macpherson | general | antinuclear, nuclear, nuclear costs, nuclear technology, reactors