Toshiba admits to a ruinous overpayment for an American nuclear firm
Toshiba admits to a ruinous overpayment for an American nuclear firmIts share price plunged by 40% in three days as investors worried about its financial viability THE probe in 2015 into one of Japan’s largest-ever accounting scandals, at Toshiba, an electronics and nuclear-power conglomerate that has been the epitome of the country’s engineering prowess, concluded that number-fiddling at the firm
Mission impossible
THE stricken Fukushima Dai-ichi nuclear plant is the world’s most complex and costly industrial clean-up. The first three of Fukushima Dai-ichi’s six reactors melted down in March 2011 and the fourth was damaged. TEPCO’s early guess was that decommissioning would take 30-40 years. That is certainly optimistic. Engineers are grappling with problems with little precedent. Akira Ono, the plant manage
Make haste slowly
COAL kills, especially in China. Up to half a million people die prematurely each year as a result of the country’s infamously foul air. Coal, from which China gets roughly four-fifths of its electricity, is the main contributor to that deadly pollution. And since the country’s power-generation may need to double by 2030 to keep pace with economic growth and more affluent lifestyles, the damage fr
No one listens to Jürgen Grossmann
No one listens to Jürgen GrossmannThe lone stand of a power boss against his country’s nuclear panic GERMAN tree-huggers have always hated nuclear power. The accident at an earthquake-stricken Japanese nuclear plant in March added to Germany's nukeophobia. The government ordered a three-month moratorium for the nation's seven oldest nuclear plants while two commissions, one on safety, the other on
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