Carbon News - Intelligence for the carbon market

World's nuclear giants limp toward extinction

Tuesday 18 Apr 17 10:00am

Sunset over the Sellafield power plant in Cumbria, near to where the new Moorside nuclear reactors would be built | Dom Crayford


By PAUL BROWN | Any lingering hope that a worldwide nuclear power renaissance would contribute to combating climate change appears to have been dashed by US company Westinghouse, the largest provider of nuclear technology in the world, filing for bankruptcy, and the severe financial difficulties of its Japanese parent company, Toshiba.

After months of waiting, Toshiba still can not get its auditors to agree to its accounts. But it has gone ahead anyway and reported losses of nearly $5 billion for the eight months from April to December, in order to avoid being de-listed from the Japanese stock exchange.

... login or subscribe for full story

Subscriber Content - You need to log in

To access this Carbon News information right now, please accept our 7 DAY FREE TRIAL subscription offer. Simply click the Subscribe button and follow the steps.


We send you a reminder before we charge your card or send an invoice before your FREE trial ends. We'll also remind you before we automatically renew your annual subscription. We will also ask you for updated credit card or invoicing information at this time, if necessary.


Please enjoy your 7 day FREE trial.

Related Topics: Energy | Greenhouse Effect | Politics

Login







Latest in Energy

News Direct
Photo Credit: dbsolisphotostream

Latest announcements: file yours to editor@carbonnews.co.nz

Auckland takes zero-waste world crown

Wednesday - Auckland is one of 10 international cities honoured today at the C40 Cities...

Ravensdown appoints consenting planner

1 Dec 17 - Ravensdown has appointed Victoria Caseley as a principal planner to develop the...

Ethical retailer attracts $2m in investments

27 Nov 17 - In one of the biggest capital raises for a social enterprise in New Zealand’s...

AirNZ first airline to join EV100

13 Nov 17 - Reinforcing its leadership position in the shift to electric vehicles, Air New...

Auckland Council wins waste award

13 Nov 17 - Auckland Council has again been recognised for its commitment to delivering...

More News Direct