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Today. The United Kingdom has a problem – a dangerous, nuclear propagandist clown for a Prime Minister

Prime Minister Boris Johnson says the UK will build one new nuclear plant a year, MON, MAY 2 202

”Instead of a new one every decade, we’re going to build one every year, powering homes with clean, safe and reliable energy,” the British prime minister said of nuclear power stations.”

It’s not the first time the prime minister has touted the advantages of nuclear power. In April, he said “nuclear is a reliable, safe and constant source of clean energy.”
(April tweet) Nuclear is a reliable, safe and constant source of clean energy. It’s absolutely crucial to weaning us off fossil fuels, including Russian oil and gas……… https://www.cnbc.com/2022/05/02/boris-johnson-uk-will-build-one-new-nuclear-plant-a-year.html

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May 3, 2022 Posted by | Christina's notes | 3 Comments

Ukraine’s nuclear power plants caught in the Crossfire of War With Russia

Russia’s invasion of Ukraine has triggered fears of another nuclear power disaster in the region, 36 years after the world’s largest nuclear accident. The Revelator, May 2, 2022 – by Jordan Gass-Poore’

It took less than a minute after an unexpected power surge for one of the nuclear reactors at Chornobyl (Chernobyl in the Russian spelling) to explode on April 26, 1986, ripping the roof off and spewing dangerous chemicals into the air.

The event, and emergency cleanup that followed, left 30 workers dead, thousands exposed to cancer-causing nuclear material, and a legacy of radiation. Now, 36 years later and with war raging, Ukraine is desperate to prevent another nuclear disaster.

Nuclear reactors generate more than half of the country’s power. Ukraine is the first country with such a large and established nuclear energy program to experience war, according to the International Atomic Energy Agency.

The country’s 15 nuclear reactors, housed in four power plants, have layers of safeguards to prevent core meltdowns like the one that happened in 1986, when Chornobyl was part of the Soviet Union. But wartime is far from normal conditions, and experts warn that Russian military action poses numerous threats to these facilities.

Andrey Ozharovsky, a Russian engineer turned anti-nuclear activist, said Ukraine’s nuclear infrastructure is “quite vulnerable” to the chaos surrounding military attacks.

Chornobyl, Again

Those attacks have already begun.

The Chornobyl Nuclear Power Plant and the 20-mile exclusion zone around it, set up to limit further spread of radioactive material following the 1986 disaster, were captured by Russian forces on Feb. 24. It was in their control until they withdrew from the site on March 31.

Although Chornobyl is not an active nuclear power plant, the massive cap covering the reactor that exploded decades ago still needs to be maintained to prevent further radiation leakage.

Sensors put in place by the Ukrainian Ecocentre in case of an accident reported a spike in radiation levels shortly after the capture, likely due to Russian military vehicles stirring up radiation in the environment.

The IAEA said the rise wasn’t enough to pose a public health hazard.

Ozharovsky, who was one of the first to raise an alarm about the recent spike at Chornobyl, said he’s concerned that radioactive dust from the site could spread across the continent.

“The most dangerous thing is that they can bring radioactive particles in their hair, in their clothes and their boots,” he says………………………

Nuclear Plant Captured

Chornobyl isn’t the only concern. Ukraine’s active nuclear-power facilities are also at risk.

On March 4, Russian forces captured Europe’s largest active nuclear-power plant, Zaporizhzhia, located in southeastern Ukraine. During intense fighting one of the site’s buildings caught fire, but didn’t harm the plant’s six reactors, and no radiation was released.

Ukrainian technicians continue to monitor Zaporizhzhia, but the country’s regulators have claimed that Rosatom, Russia’s state nuclear power company, has engineers at the plant who are giving orders to staff. Further, Ukraine reports that plant management actions require approval from the Russian commander, according to the IAEA.

“Who is now in charge of the Zaporizhzhia Nuclear Power Plant?” asks Ozharovsky. “The Russian army is around, but armies aren’t nuclear engineers.”

Rosatom released a statement on March 12 and denied that they’re managing the operation of Zaporizhzhia. They characterized their staff’s presence at the plant as “consultative assistance” that takes place “on a regular basis.”

Grossi expressed “deep concern” about the situation in a statement last month.

Further Threats

Since then, there’s been more reason for alarm.

On April 16, three missiles flew over the South Ukrainian nuclear power plant, Yuzhnoukrainsk, according to Energoatom, Ukraine’s state-run nuclear power company.

Then on April 26 Energoatom reported that two cruise missiles flew over the Zaporizhzhia Nuclear Power Plant.

The flight of missiles at low altitudes directly above the Zaporizhzhia Nuclear Power Plant site, where 7 nuclear facilities with a huge amount of nuclear material are located, poses huge risks,” says Petro Kotin, Energoatom’s acting president, in a statement released on the company’s Telegram channel. “After all, missiles can hit one or more nuclear facilities, and this threatens a nuclear and radiation catastrophe around the world.”

The day before, Energoatom reported that Russia fired missiles over the cooling pond of the Khmelnytskyi Nuclear Power Plant in northwest Ukraine

Kosharna wrote in an email that if a missile would’ve hit one of the plants the consequences wwould have been “catastrophic” for the world.

Typically nuclear plants use back-up generators to maintain power with a grid disruption and keep the cooling systems functioning normally. In wartime fuel shortages are common, and this risks the stability of the generators. Ukraine’s current shortage is only getting worse, according to the Gas Transmission Operator of Ukraine, a gas pipeline operator

If the grid goes down and the generators are out of fuel and the cooling systems fail, there’s a last resort to prevent radiation from spreading. Containment structures around the reactors are designed to block any release of radiation, but they’re also vulnerable to missile attacks.

Reactor failure isn’t the only significant risk to the operation.

Staff operating facilities under extreme stress also poses a problem, Ozharovsky says, because any mistake they make on the job could be calamitous..

There are also other onsite dangers. Spent nuclear fuel storage pools that are a part of the waste-disposal system contain radioactive material. If they’re damaged the liquid could be released from containment, causing a massive spread of radiation. Japanese scientists considered this to be the “worst-case scenario” of the Fukushima Daiichi Nuclear Power Plant, which had a series of meltdowns after a tsunami struck the plant in 2011.

Ozharovsky said he doesn’t believe the Russian military would deliberately sabotage one of Ukraine’s nuclear power plants because it would threaten their interests. But he added that even the possibility that the nuclear power plants could be harmed accidentally should trigger worldwide alarm.

“For me it’s scary,” he says. “All the other nuclear power plants, like Khmelnytskyi, like Rivne, like South Ukraine (Yuzhnoukrainsk); they can be damaged during this war. And the international community needs to take care of that.”

Any attack on a nuclear plant is a breach of international humanitarian law. The Geneva Convention’s Article 56 considers attacking a nuclear power plant a war crime.

“I hope that many other countries who still have nuclear energy on their territory will rethink physical safety, military safety,” Ozharovsky says. “That’s a challenge no one country can solve.”   https://therevelator.org/ukraine-war-nuclear-power/?utm_source=rss&utm_medium=rss&utm_campaign=ukraine-war-nuclear-power

May 3, 2022 Posted by | safety, Ukraine | Leave a comment

Nuclear power is a HUGE water guzzler – so why are we guzzling the lie that nuclear is good for climate?

The video above is 2 years old – but so what? Nothing seems to have changed – this particular facility is especially water-dependent. But they all are. The current article below – is, unfortunately, behind a paywall. But it’s a rare mention in the media of this hugely significan factor in nuclear power problems.

Take France, for example. Right now, nearly half of their nuclear reactors are shut down anyway. But – come the summer – they’ll be shutting down again – due to water stress.

Huge nuclear plant in Arizona desert seeking new sources of water – it uses 23 b gallons of water per year  The Arizona Republic  2 May 22https://www.azcentral.com/restricted/?return=https%3A%2F%2Fwww.azcentral.com%2Fstory%2Fmoney%2Fbusiness%2Fenergy%2F2022%2F05%2F01%2Farizonas-nuclear-palo-verde-generating-station-wants-new-water-source%2F7306649001%2F

May 3, 2022 Posted by | climate change, USA, water | Leave a comment

Ask me about … the 1986 Chernobyl nuclear disaster and its lingering effects

PATRICIA SABATINI, Pittsburgh Post-Gazette, psabatini@post-gazette.com 2 May 22,

Olga Klimova-Magnotta is a lecturer and director of the Russian program at the University of Pittsburgh who teaches a humanities course on the 1986 Chernobyl nuclear disaster.

A native of Belarus, she was 7 years old when a massive explosion at the No. 4 reactor at the Chernobyl nuclear power plant in northern Ukraine (then part of the Soviet Union) resulted in a fire and the uncontrolled release of radioactive contamination. Ms. Klimova — who moved to the U.S. in her early 20s ,was living in the Belarus capital of Minsk at the time of the accident, about 200 miles north of the explosion — or about the distance from Pittsburgh to Harrisburg. 

She believes her heart problems stem from radiation exposure. “Many children born or growing up during this time had heart diseases,” she said.

“We all had different health issues. … The doctors connected it to the radiation.”

Talk about the course you teach on Chernobyl. What is the goal?

2021 marked the 35th anniversary of Chernobyl. That’s when I decided to develop the course and draw attention to the Chernobyl tragedy. I wanted students to be aware of the disaster and specifically about its continued effects on the ecosystem and the social, economic, political and cultural lives of people in the area.

Many in the United States didn’t know much about the explosion of the Chernobyl plant before the popular 2019 HBO miniseries [“Chernobyl”]. At least half of my students registered because they watched the miniseries and wanted to learn more.

What stands out in your mind about the catastrophe?

I think it’s the fact that none of us who were living in this area knew the real impact of the disaster. Because radiation is invisible … many of us didn’t know. We were not informed by the government about the negative effects of radiation. There was a lack of information.

When I was growing up after 1986 and in the early 1990s, the disaster affected a lot of people in terms of health. A lot of people started to suffer from [cancer and other health issues]. The numbers of these diseases grew dramatically. Doctors would explain it was because you were a child of Chernobyl.

What are some things about the Chernobyl disaster that you think people would be surprised to know?

I think people would be surprised that the government refused to acknowledge that radiation had a big impact on people’s health.

A lot of volunteers went to Ukraine to do cleanup. It was the Soviet Union. A lot of people in Belarus [also formerly part of the Soviet Union] and Russia and also Ukrainians were sent there. People didn’t get disability or special help with their health issues.

People living in the area were severely affected. Many had long battles with the government trying to get support and get treatment at the hospital. The government denied that the health issues people were having were directly connected to the nuclear disaster.

…………..  The radiation hasn’t disappeared. It has a constant effect on people’s health………………………………..  https://www.post-gazette.com/business/powersource/2022/05/02/1986-chernobyl-nuclear-disaster-ukraine-olga-kilmova-magnotta-university-of-pittsburgh/stories/202205010040.

May 3, 2022 Posted by | health, Ukraine | Leave a comment

NASA Is Sending Artificial Female Bodies to the Moon to Study Radiation Risks.

Gizmodo, Passant Rabie, May 3, 22, Helga and Zohar are headed for a trip around the Moon on an important mission, measuring radiation risks for female astronauts for the first time.

The inanimate pair are manikins modelled after the body of an adult woman. For the Artemis 1 mission, in which an uncrewed Orion capsule will travel to the Moon and back, one of the manikins will be outfitted with a newly developed radiation protection vest. Helga and Zohar, as they’re called, won’t be alone, as they’ll be joined by a third manikin that will collect data about flight accelerations and vibrations. Artemis 1 is scheduled to blast off later this year.

The Artemis program aims to return humans to the Moon for the first time in over 50 years, but this time the space agency has vowed to land the first woman on the dusty lunar surface.

Women appear to be at a greater risk of suffering from the harmful effects of space radiation, so they have different radiation boundary levels than their male colleagues. Studies of radiation exposure for men and women indicate a higher chance of women developing cancer, while other research has found that space radiation is likely to affect female reproductive health…………………………………. https://www.gizmodo.com.au/2022/05/nasa-is-sending-artificial-female-bodies-to-the-moon-to-study-radiation-risks/

May 3, 2022 Posted by | space travel, USA, women | Leave a comment

UK Greens the party on the rise – a ‘tectonic shift’ among voters.

Local elections 2022: Greens winning hearts in northeast as party eyes ‘tectonic shift’ among voters. Campaigners welcomed on doorstep in Labour stronghold South Shields as internal polls predict party will make large gains across the country.

The Greens are, by any measure, a party on the rise – both in the northeast and across the country. In a series of remarkable election results last year, they won 155 English and Welsh council seats, helping take their total to a record high of 467. They now lead two authorities, in Brighton and Hove, and Lancaster, are in a ruling coalition in another 13, including Oxfordshire, York and Sheffield, and make up the official opposition in eight more including Bristol, Norwich and Solihull.

Now, it is all but certain this growth will continue on 5 May: a realistic good night would see them smash the 500-seat barrier, party bosses suggest. In particular, they are hoping to move beyond their traditional metropolitan powerbases and establish a greater presence in the north’s old industrial heartlands. The increasing acceptance that the planet is, er, dying on its arse – that’s the climate crisis – has attracted plenty of voters in an area that will pretty quickly find itself under water if global temperatures continue rising.

But, perhaps of greater significance, is a tangible anger here at a sense of being taken for
granted by the dominant Labour Party for too long. “They’re sitting tenants,” one resident fumed. “They reckon they’ve a job for life and that’s how they treat it.”

 Independent UK, 1st May 2022

https://www.independent.co.uk/news/uk/politics/green-party-local-elections-south-shields-b2067278.html

May 3, 2022 Posted by | politics, UK | Leave a comment

South Africa: Five years after the illegal nuclear deal was nuked, we are still struggling with a broken energy system

 Daily Maverick By Francesca de Gasparis and Makoma Lekalakala,  02 May 2022, 

The South African government’s current approach to energy production is our biggest barrier to a just transition and it seems as though we are deliberately choosing fossil fuels and nuclear, while implementing renewables at a snail’s pace.

The month of April was not only significant to South Africa as Freedom Month, but was also the month in which Earthlife Africa Johannesburg and the Southern African Faith Communities’ Environment Institute (Safcei) commemorated the court victory that exposed the severity of the corruption within the state and halted government’s “illegal and unconstitutional” R1-trillion nuclear energy deal with Russia……….

Apart from revealing the depths of the rot within government and how far members of the state were willing to go to dupe the public, this was also the start of an intense battle which continues to rage between public interests versus those of government and corporate to protect citizens’ right to be consulted on huge capital spends, especially in energy procurement that may affect them……………..

A publication released at COP26 in December 2021, Neither Climate Nor Jobs: Nuclear Myths About the Just Transition, argues that nuclear will be detrimental to our “collective capacity to transform our energy systems in a way that leaves no one behind”.

While nuclear power operations do not have as large a carbon footprint as coal, gas and oil, there are numerous other issues with this outdated and largely failed technology that must be considered, that make nuclear power utterly unsuitable for South Africa’s energy needs in our current reality. Comparatively, the carbon footprint of nuclear power is estimated to be at least two to four times more than that of renewables.

There are a number of reasons that nuclear energy is NOT a solution to the climate emergency and why it should not be part of the just transition. First, South Africa needs development that is pro-poor, and basic services need to be provided that are affordable to all. This means that the country’s energy plans should work to reduce the gaps in inequality, with the people – not industry nor the economy nor profits – at the centre of its plans.

Sadly, the government’s current approach to energy production is our country’s biggest barrier to a just transition and it seems as though we are deliberately choosing fossil fuels and nuclear, while implementing renewables at a snail’s pace.

Investing in nuclear energy requires huge capital investment – which could have an impact on public spending on social services – while the centralised and costly nature of its production will do little to reduce the widespread energy poverty in the country. When considering the urgent need for poverty-alleviating approaches to development and energy production, the fact that renewables create more jobs (with a wider variety and in more flexible locations) and can be installed in a matter of months, provides more compelling arguments against nuclear.

Furthermore, as climate change takes root and weather conditions become more extreme, a just transition will require a flexible and decentralised electricity supply for greater stability. Without even considering nuclear power stations’ poor installation and cost performance globally, we need only look at South Africa’s only existing nuclear power station at Koeberg to know that nuclear has not proven to be particularly reliable over the past 18 months.

Ongoing issues at the nuclear power station are a significant part of the reason that citizens have been plunged into darkness once again. We must recognise Koeberg’s deteriorating performance while noting the ongoing governance issues at Eskom and the Department of Mineral Resources and Energy.

Another reason that nuclear energy is not fit for purpose for our current and future energy needs is the outdated argument of the necessity of baseload energy, which completely ignores the strides made in modern technology. This type of centralised power often takes very long to come online and will do little to alleviate the energy poverty in the country. Even in the best-case scenario, it would be at least another decade before we are likely to get any electricity from a new power plant.

Just the fact that we need to keep temperatures below 1.5°C by 2030 means that even if we did go the nuclear route, we would be far too late to mitigate carbon emissions in any meaningful way. Yet, our government insists on wasting time pursuing nuclear, while utility-scale renewable energy projects could be ready in less than half the time. 

South Africa is at a crossroads. Are we really willing to continue making the mistakes of the past?……….

It is important, at this point, to remind South Africans that it was as a result of a national effort by many civil society organisations, academics and concerned citizens that we were able to stop then-President Jacob Zuma’s illegal nuclear deal five years ago, sparing us from the effects of the bankruptcy that would have ensued.


At a time when the divisions in our society were becoming decidedly evident, it was wonderful to be part of such a unifying campaign with people from all walks of life. From eco-justice NGOs to community-based organisations, right down to the ordinary person on the street, most South Africans knew we had to stand together or risk losing our country……..  https://www.dailymaverick.co.za/article/2022-05-02-five-years-after-the-illegal-nuclear-deal-was-nuked-we-are-still-struggling-with-a-broken-energy-system/

May 3, 2022 Posted by | politics, South Africa | Leave a comment

Czech state looking for place to store nuclear waste as EU deadline shortens

English Radio CZ 05/02/2022 The Ministry of Industry is looking for ways to speed up the planned construction of a nuclear waste facility in the Czech Republic, which would enable the country to fulfil the EU’s taxonomy plan for using nuclear energy as a clean source. However, the plan is running into opposition from local districts who don’t want nuclear waste stored near their homes.   The Czech Republic has two nuclear power plants, but nowhere to store its nuclear waste. At least in the long term. For now, nuclear waste is being stored in barrels located inside the power plants themselves, says Jiří Bezděk, the spokesman for the Dukovany nuclear power plant, who took Czech Radio on a tour of the facility.

You can see we are now in the storage facility for used nuclear fuel. This fuel can be stored in containers for a period of up to 60 years. Thereafter, you can take it out, check the container and put the fuel back in for another six decades.”

………..  the RWRA has nowhere to store the waste.

Originally, the Czech government counted on building a deep nuclear waste storage facility by 2065, but the EUs taxonomy plan which was agreed earlier this year, has cut that deadline to the year 2050.

Both Deputy Industry Minister Tomáš Ehler and the head of the country’s Nuclear Safety Office Dana Drábová have said that fulfilling the shorter deadline is possible on paper. However, it necessitates speeding up relevant research activities as well as finally deciding on where the state wants to build the storage facility.

Founded in 2001, the state’s Radioactive Waste Repository Authority has had over 20 years’ time to find a suitable storage location. And it has. Four locations were approved by the government as suitable prospective sites for a deep storage facility.

However, local residents of each of these proposed sites are strongly against the construction. Some of them have banded into the “Platform against deep storage”, a civic organisation that lobbies for an alternative to deep nuclear waste storage and for the construction of any such facility to be subject to a local district vote. The organisation’s secretary, Edvard Sequens, says that locals have more say in the process in other countries……………..   https://english.radio.cz/czech-state-looking-place-store-nuclear-waste-eu-deadline-shortens-8749305

May 3, 2022 Posted by | EUROPE, wastes | Leave a comment

Finnish consortium abandons Fennovoima nuclear power project

Finnish group abandons plans for Russia-backed nuclear power plant
Contract with Rosatom terminated as war in Ukraine deals final blow to controversial energy project, Ft.com,   Richard Milne, Nordic and Baltic Correspondent,  2 May 2
2, 

A Finnish consortium has abandoned controversial plans to build a Russian nuclear power plant in the Nordic country as Moscow’s invasion of Ukraine dealt a terminal blow to the project. The Fennovoima project has been mired in controversy from the outset with Finland’s then environment minister telling the Financial Times in 2014 that it was an example of “Finlandisation”, a loaded term that refers to a smaller country adapting its policies to suit a larger, more powerful neighbour.  

The Hanhikivi 1 project was particularly controversial because Rosatom, the Russian state nuclear company, was not just the supplier of the reactor but also the main shareholder and financial backer of the Fennovoima consortium. Rosatom owns 34 per cent while Finnish companies such as energy group Fortum, steelmakers SSAB and Outokumpu as well as local municipalities own the rest. Fennovoima said on Monday that it had terminated the contract with Rosatom due to “significant and growing delays during the last years”, which have been exacerbated by the war in Ukraine.  …………………………………..    https://www.ft.com/content/5e7730b5-be55-48a5-8f55-f67d6fb80d77

May 3, 2022 Posted by | Finland, politics | Leave a comment

Senate Approves Radiation Exposure Compensation Act Extension

https://nativenewsonline.net/health/senate-approves-radiation-exposure-compensation-act-extension, BY KELSEY TURNER  MAY 02, 2022, The U.S. Senate on Thursday unanimously approved a two-year extension of an act giving compensation to people who were exposed to radiation from atomic weapons testing and uranium mining. The Radiation Exposure Compensation Act (RECA), which is set to expire in July, provides one-time benefit payments to those who have been diagnosed with cancer or other diseases relating to radiation exposure. The extension now awaits approval by the House. 

Since its creation in 1990, RECA has given over $2.4 billion in benefits to more than 38,000 people in Nevada, Utah and other impacted areas. Compensation is available to several groups, including “onsite participants” involved in atmospheric test of an atomic weapon, “downwinders” who were present in certain areas near test sites, and uranium miners, millers and ore transporters who worked with uranium. If passed, the extension would give people more time to apply for compensation.  

Navajo Nation President Jonathan Nez applauded the Senate’s approval of the extension, saying it “demonstrates strong bi-partisan support for former uranium miners, downwinders, and many others who have to live with the devastating health effects to this day.” 

In March, Nez met with members of both political parties in Washington, D.C., where he voiced the concerns of Navajo people experiencing health impacts due to radioactive contamination and exposure from abandoned uranium mines. 

“This is a united effort on behalf of former uranium miners and their families, to secure just compensation and benefits for the health issues and detrimental impacts of uranium mining conducted by the federal government,” Nez said in a Navajo Nation press release. “The RECA bill is an opportunity for Congress to be a part of something historic for the Navajo people, the Navajo Uranium Radiation Victims Committee, and other impacted groups.”

Nez encouraged legislators to work toward a long-term solution that would extend RECA until 2040. A bill sponsored by Idaho Sen. Mike Crapo proposes to expand and extend RECA for another 19 years following the bill’s enactment. 

Navajo Nation is pushing for this expansion to include all downwinders, create additional categories of uranium workers and radiation-related illnesses, and increase the minimum compensation received by affected individuals.

May 3, 2022 Posted by | health, Legal, politics, USA | Leave a comment

Energy saving actions by European citizens could greatly reduce use of oil and gas

Energy saving actions by EU citizens could save enough oil to fill 120
super tankers and enough natural gas to heat 20 million homes.

 IEA 21st April 2022

 https://www.iea.org/news/energy-saving-actions-by-eu-citizens-could-save-enough-oil-to-fill-120-super-tankers-and-enough-natural-gas-to-heat-20-million-hom

May 3, 2022 Posted by | Uncategorized | Leave a comment

They suck your electricity while you sleep. What you need to know about vampire appliances

They suck your electricity while you sleep. What you need to know about vampire appliances

Working behind the scenes while you’re sleeping, vampire appliances are consuming energy even when they’re turned off. So what exactly are they and will turning them off at the wall make any difference to your power bills? Let’s find out.

May 3, 2022 Posted by | Uncategorized | Leave a comment

Private equity firms eyeing Toshiba buyout face nuclear dilemma

 Japan Times, BY YUKI FURUKAWA AND TAKASHI MOCHIZUKI, BLOOMBERG, May 2, 2022

It’s the multibillion dollar conundrum facing private equity firms trying to snap up Toshiba Corp.: What to do about the troubled conglomerate’s sensitive nuclear power business?

Toshiba, which had originally opposed a buyout, now plans to solicit proposals from potential investors in a drastic change in stance. The nuclear unit, which is deemed important to Japan’s national security, could be the biggest obstacle to any deal.

As PE giants including Bain Capital, CVC Capital Partners and KKR & Co. consider bids for the company, one of their biggest challenges will be devising a plan that wins government approval. According to experts, they have no easy choices.

“If a foreign fund were to buy Toshiba, it would be subject to examination by the government under the Foreign Exchange and Foreign Trade Control Law,” said Mitsuhito Taki, a lawyer specializing in corporate legal affairs at Yanagida & Partners in Tokyo. “It would be difficult to allow a foreign fund to acquire the company given Toshiba’s current business profile.”

Representatives for CVC and KKR declined to comment. Bain didn’t comment.

Toshiba’s nuclear business is involved in decommissioning the wrecked Fukushima No. 1 nuclear power plant, making it hard for the government to accept a transfer of ownership to an overseas firm. The company also retrofits existing nuclear plants across the country to meet post-Fukushima safety standards and resume operations.

………….  another option would be to sell the nuclear unit, either before or shortly after a PE deal. However, finding a buyer wouldn’t be easy, according to Ryuzo Yamamoto, a professor emeritus specializing in energy policy at Tokoha University in Shizuoka prefecture.

Toshiba’s nuclear technology has fallen behind trends outside Japan, Yamamoto said. The firm lags behind overseas rivals in developing small and advanced modular reactors. And Toshiba’s boiling water reactors aren’t being considered for use in future projects………..     https://www.japantimes.co.jp/news/2022/05/02/business/corporate-business/toshiba-buyout-nuclear/

May 3, 2022 Posted by | Uncategorized | Leave a comment

Nuclear weapons pose the greatest immediate threat to human health and welfare — IPPNW peace and health blog

Joint International Health Statement for the 1st Meeting of States Parties of the Treaty on the Prohibition of Nuclear Weapons Representing physicians, nurses, public health professionals, and medical students worldwide, we speak with a united voice on the urgent need to eliminate nuclear weapons as a matter of global health and survival. Updated evidence on the catastrophic […]

Nuclear weapons pose the greatest immediate threat to human health and welfare — IPPNW peace and health blog

May 3, 2022 Posted by | Uncategorized | Leave a comment

Europe subjugated, NATO shifts from Atlantic to Pacific Ocean — Anti-bellum

CGTNApril 29, 2022 ‘Defensive’ NATO destabilizes Pacific for U.S. hegemony Japan – an Asian country that surrendered in World War II – will attend a summit by North Atlantic Treaty Organization – a Western military bloc established during the Cold War era – in late June, U.S. Secretary of State Antony Blinken announced this week. […]

Europe subjugated, NATO shifts from Atlantic to Pacific Ocean — Anti-bellum

May 3, 2022 Posted by | Uncategorized | 1 Comment