nuclear-news

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

Hitachi’s nuclear export transfers nuclear risks to both Japanese and British people while companies get profits.

FoE Japan 2nd May 2018, Urgent Joint Statement: Hitachi’s nuclear export transfers risks to both
Japanese and British people while companies get profits. Hitachi’s
Chairman Nakanishi is reportedly going to visit British Prime Minister
Teresa May on 3rd May to ask the U.K. government to take a direct stake in
Wylfa Newydd nuclear power project in Anglesey, Wales.

Hitachi’s struggle just shows the risks of the nuclear power project is simply huge. While
putting huge risks and cost onto both Japanese and British people, it is
unacceptable that companies and banks take profit. Friends of the Earth
Japan jointly with People Against Wylfa B released an urgent statement.

The report says Hitachi is going to ask not only for direct investment but also
an assurance for a power purchase agreement. Hitachi’s struggle just
shows the risks of the nuclear power project is simply huge. In February,
Mr. Nakanishi already expressed the view that the project would not happen
without government commitment and stated “Both UK and Japanese
governments understand that the project would not go on without the
commitment by the governments”.

To reduce the risk of the project, the project is said to be insured by Nippon Export and Investment Insurance
(NEXI), 100 percent Japanese government owned export credit agency. In
addition to huge construction cost, nuclear projects are associated with
various risks such as accidents, increased cost for tougher regulations,
opposition from local people, radioactive waste management and so on.

Risks are too huge to manage. Thus, it is clear that companies should decide to
retreat from the project. While transferring risks of the project to
people, it is unacceptable that the companies and banks take profits.

The Spokesperson from People Against Wylfa B, Dylan Morgan says; “Don’t pour
good money in to the bottomless black hole of nuclear power. This is an old
fashioned, dirty, dangerous and extortionately expensive technology. The
Fukushima triple explosions and meltdowns has and will continue to cost the
people of Japan greatly. There is no end in sight for this continuing
tragedy, which means that no new nuclear reactors are going to be built in
Japan. It is unacceptable that Japan wish to export this deadly technology
to another state in order to keep Japan in the nuclear club.”

http://www.foejapan.org/en/energy/doc/180502.html

Advertisements

May 4, 2018 - Posted by | business and costs, Japan, UK

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 )

w

Connecting to %s

%d bloggers like this: