It would be grave folly to recoil from the N-option, our safest Nuclear Is Clear The world needs cheap energy and, as of now, nuclear plants are the most efficient means to that end Switching to fossil fuel sources will add to global warming. In extremis, the oceans could boil away. The lesson from Fukushima is no worse than that tsunamis are a danger to everything in their path *** After the...
More »SEARCH RESULT
The Circus is in Town
-EPW Bereft of any meaningful vision, political parties have reduced politics to gladiatorial contests. Much was promised of the Lokpal Bill in the winter session of Parliament. While a toothless bill was indeed passed by the Lok Sabha, the United Progressive Alliance (UPA) was unable to have even this endorsed in the Rajya Sabha on the last day of the session. Did this have to do with the inability of the UPA...
More »As losses mount, Areva goes in for huge job cuts by Vaiju Naravane
French nuclear giant Areva, which is planning to sell India six masssive1650 MWe EPR nuclear reactors for the Jaitapur site in Maharashtra, is facing serious financial difficulties with net losses in 2011 placed at well over €1 billion. Areva's CEO, Luc Oursel, announced drastic job cutbacks and the sale of over €2 billion worth of assets, essentially in the company's uranium mines sector, to offset these losses. Trading in the company's...
More »N-regulator: SC will not intervene, says can’t act as House by Krishnadas Rajagopal
Declaring that the “Supreme Court will remain the Supreme Court, and cannot be converted into Parliament”, a three-judge Bench led by Chief Justice of India S H Kapadia today refused to “prematurely” intervene in the setting up of an independent regulator to monitor safety of nuclear plants, saying it was a policy decision, with a Bill already pending in the House. Efforts by advocate Prashant Bhushan, a Team Anna member, to...
More »Cong’s big chance and threat by Manini Chatterjee
The Congress today appears besieged and beleaguered with key allies and even members from its own ranks lining up behind the combined Opposition in vehemently opposing the Manmohan Singh government’s decision to allow FDI in multi-brand retail. But, paradoxically, this state of siege — reflected by the prolonged deadlock in Parliament with a quasi no-confidence motion hanging over it — also gives the Grand Old Party a great opportunity not just...
More »