GE

Power Corrupts, Nuclear Power Corrupts Absolutely

Michael Collins
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The Chairman of the United States Nuclear Regulatory Commission (NRC), Gregory Jaczko, told a US House of Representatives subcommittee that: "There is no water in the spent fuel pool [at the Fukushia I plant] and we believe that radiation levels are extremely high, which could possibly impact the ability to take corrective measures." A "utility spokesman" for Tokyo Electric responded quickly claiming that the "condition is stable." AP, March 17.

The >New York Times, China's Peoples Daily, and other outlets covered this extraordinary asymmetrical exchange between the highest nuclear regulatory official in the US government and a "utility spokesman."

The public disagreement between two close allies in the midst of a severe crisis is highly instructive on a number of levels. If chair Jaczko wrong, it is a terrible embarrassment for the US. If he's right, we can conclude that much of the information from Tokyo Electric is questionable.

Must Read Posts for April 17, 2010

On The Economic Populist you might have noticed the middle column. We try to list other sites and blogs who have exceptional insight and writing on what is happening in the U.S. economy.

Sometimes though, one cannot say it better but miss those who did. This week has damning posts on tax avoidance through offshore outsourcing.

 

Laissez-faire ideologues hound CEO of GE

From the blog gristmill:
http://gristmill.grist.org/story/2008/3/13/0145/56590

"I came because I was invited," says the man on stage heatedly, squaring off his shoulders to the packed crowd. "I don't need to be lectured by anybody in this room about how to compete!"

From another speaker it might sound defensive, but in this case it is the CEO of GE, the second largest company in the world. Jeff Immelt knows whereof he speaks.

Immelt's outburst came toward the end of a Q&A session that saw him repeatedly assailed by ideological conservatives angry over his involvement in the U.S. Climate Action Partnership, a coalition of large businesses lobbying for a carbon cap-and-trade system, and his leadership role in pushing the business world to embrace clean energy and sustainability.
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