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US Federal agency financing for middle-east nuclear plant

 
Waterbug

User ID: 1295673
United States
10/11/2012 10:33 AM

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US Federal agency financing for middle-east nuclear plant
Am I missing something here..?
Waterbug (OP)

User ID: 1295673
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10/11/2012 10:35 AM

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Re: US Federal agency financing for middle-east nuclear plant
So.. a Japanese company[Toshiba], owns westinghouse.. and brokers a deal with a US federal agency to finance nuclear plants in the middle-east ...with US money..?

Private export financing...?

slap


Energized by funding: Westinghouse playing role in new nuclear plant
[link to www.seacoastonline.com]

[snip]

Executives from Westinghouse Electric Co. and the Export-Import Bank of the United States on Wednesday praised a financing deal that will allow Westinghouse to produce components for a nuclear power plant in the United Arab Emirates, while assuaging concerns about the United States supporting nuclear initiatives in the Middle East.

The Export-Import Bank is an independent federal agency that helps create and maintain U.S. jobs by filling gaps in private export financing at no cost to American taxpayers, according to Hochberg. He said the bank was asked to help Westinghouse win its bid for a portion of the Barakah One Company's $30 billion construction of a nuclear power plant in the Emirate of Abu Dhabi.
 Quoting: Waterbug
Waterbug (OP)

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10/11/2012 10:35 AM

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Re: US Federal agency financing for middle-east nuclear plant
Toshiba's stake in Westinghouse Electric rises to 87%
[link to www.post-gazette.com]
 Quoting: Waterbug
Waterbug (OP)

User ID: 1295673
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10/11/2012 10:41 AM

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Re: US Federal agency financing for middle-east nuclear plant
Rationalization...?

Radiation is a problem but so is air pollution....
Fuckin' idiot.

Oh well, we'll get a few thousand american jobs out of it..
Great.




[snip]

Roderick said nuclear technology is "fundamentally safe" and that public support has not waned in the face of the Fukushima, Japan, disaster in March 2011. "The deaths were from people drowning and one of the world's worst tsunamis that ever happened, (and) one of the world's worst earthquakes. There are no deaths reported from Fukushima from radiation," he said.

While acknowledging that radiation is a long-term problem that humans will have to deal with for generations, Roderick countered there are also long-term effects from air pollution resulting from other energy sources.

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