nuclear-news

The News That Matters about the Nuclear Industry Fukushima Chernobyl Mayak Three Mile Island Atomic Testing Radiation Isotope

Not India, but General Electric, Westinghouse, France, Russia benefit from Nuclear Liability Bill

The first to benefit may be American companies like General Electric and Westinghouse Electric, followed by French and Russian nuclear power equipment suppliers……

Cracks in India’s nuclear law, Asia Times, By Indrajit BasuKOLKATA, Sep 2, 2010Pleasing neither supporters nor its critics, India this week passed a Nuclear Liability Bill, opening up the country’s US$150 billion nuclear power market to global equipment suppliers.

The first to benefit may be American companies like General Electric and Westinghouse Electric, followed by French and Russian nuclear power equipment suppliers……
the price the country may end up paying for not being a nuclear outcast may be too high. “For one, there are enough loopholes in the bill that can entrap the operator [the power generator] into unlimited liabilities,” said Lydia Powell, senior fellow at the New Delhi-based Observer Research Foundation, a think tank on public policy formulation. “Besides, the bill has identified the operator as the only source of liability, while others like equipment suppliers were not made responsible. And most importantly, the bill has failed to address the interests of the victims of a nuclear accident.”

Others say the rules for liability claims and payments set down by the bill in the event of a nuclear accident are skewed heavily in favor of equipment suppliers who are liable only if ”the nuclear incident has resulted as a consequence of an act of supplier or his employee which includes supply of equipment or material with patent or latent defects or substandard services.”

Experts like Powell say that this clause essentially channels liability for accidents to door of the operators, giving them extremely limited rights of recourse against suppliers should an accident occur. It also sets aside ordinary tort law by disallowing fault-based claims by victims against operators or suppliers.

“By merely directing legal channeling of liability rather than to reflect economic channeling of liability, the bill has clearly focused the interests of the nuclear industry instead of the victims,” Powell said. ….

Advertisements

September 2, 2010 - Posted by | India, politics international | , , , ,

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: