The signing of the Nuclear Cooperation Agreement between Japan and India, will not save Westinghouse/Toshiba’s failing nuclear business, nor will it deliver safe energy for the people of India. Instead, it will increase the risk of nuclear weapons proliferation in Asia, Greenpeace Japan and Greenpeace India warned today in a joint statement. The bipartite agreement, due to be signed tomorrow, is intended to open the Indian market to overseas reactor suppliers. It appears to be a desperate effort to secure new contracts for Westinghouse/Toshiba’s AP1000 reactor design, which has had a poor track record globally. While there have been few sales, those projects that are already under construction have overshot their budget and are years behind schedule.
Greenpeace 10th Nov 2016 read more »
There are several points still up for discussion before the India-Japan nuclear accord becomes a reality, including Japanese apprehensions on India misusing nuclear technology. Indian Prime Minister Narendra Modi’s upcoming two-day visit to Japan takes place at a time when Asia’s second largest and third largest economies are increasingly finding common strategic ground. The November 11-12 meeting will be the third annual summit between Modi and Shinzo Abe, his Japanese counterpart. A long-anticipated nuclear civilian energy deal is the likely headline to emerge. The nuclear treaty will not only pave the way for Japan to export nuclear technology to India’s vast market, it is also a necessity for enabling India’s nuclear deals with the US, France and other countries. Key elements of nuclear reactors, including safety components and the domes of nuclear power plants, are a near-Japanese monopoly. Any deal would be significant for firms like GE-Hitachi, Toshiba’s Westinghouse Electric Company and Mitsubishi-Areva.
The Wire 8th Nov 2016 read more »