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Tuesday, February 28, 2012

Marks to Market: America's Nuclear Time Bombs

Source: Boiling Frogs Post
James Corbett


During the nuclear catastrophe at the Fukushima Daiichi nuclear power plant in Japan’s northeast last March, the world watched in horror as conditions in the plant deteriorated by the day. Despite public reassurances that the situation was under control, we now know that three of the plant’s reactors actually began meltdown within hours and that plans were being made at the highest levels of the Japanese government to evacuate Tokyo, the world’s most populous metropolitan area.

In effect, the world was given a crash course in cascading nuclear failure. What many do not know is that the damaged reactors were designed by General Electric, rely on 40-year-old containment technology, and are substantially similar to 32 reactors currently operating around the world, including 23 in the United States.

This is our EyeOpener Report by James Corbett, presenting you with the history of and GE’s role in development of boiling water reactors and the Mark 1 containment vessel system used in the damaged Fukushima reactor which has been focus of fierce criticism for at least 40 years, and the criminal complicity of government regulators in failing to enforce their own policies and regulations on these aging reactors, not only in Japan, but in the US as well.

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