Thursday, March 19, 2009

***** France's nuke power poster child has a money melt-down

http://www.freepress.org/columns/display/7/2009/1732
The myth of a successful nuclear power industry in France has melted into financial chaos. With it dies the corporate-hyped poster child for a "nuclear renaissance" of new reactor construction that is drowning in red ink and radioactive waste. Areva, France's nationally-owned corporate atomic façade, has plunged into a deep financial crisis led by a devastating shortage of cash.