Mar 15, 2011

Shameless

GE buys positive press for a cheap $5 mil, gets quickly to the business of expanding its nukular plant products into India:

"Immelt said GE would donate $5 million to relief efforts and extend technical support to Hitachi Ltd..., Toshiba and Tokyo Electric Power, as well as the government.

The accident in Japan has already started to raise doubts about the future growth of the nuclear power industry globally...


"...When asked if the nuclear power accident in Japan could prove to be a turning point for the industry, Immelt said: 'There is now almost a 50-year track record of nuclear power that people can look back on and make their own judgments about.'

In 2007, GE combined its nuclear ventures with Hitachi on the expectation of a nuclear renaissance in the coming years...

GE is keen to invest in India's nuclear energy market, set to grow considerably in coming years.

Indian Prime Minister Manmohan Singh told parliament on Monday that the safety of all the country's nuclear power plants would be immediately inspected in the aftermath of Japan's earthquake and tsunami.

GE, which makes goods ranging from jet engines to medical diagnostic equipment, is keen to tap a potential $150 billion atomic market in India.."

I'm trying to imagine a disaster, region, resource or a people that cannot be capitalized. I know, silly wasted effort and exercise in mental futility...

Thanks to Marisacat for the pointers towards Immelt...

3 comments:

  1. there is opposition to nuke power, but it is hard to imagine an elected government more uncaring of it's populace than ours

    this is some of the stuff that the opponents write

    ReplyDelete
  2. 2 of my comments got eated and this may too - but feel free to google "praful bidwai jaitapur" for a few articles on nuclear energy that are entirely worth the read

    1 here and another Here

    ReplyDelete
  3. AI,

    Your comments almost always end up marked as "spam." Google hates you, I think.

    I'll try to look more often at my spam folder.

    Sorry.

    ReplyDelete