General Electric’s chief warns on the great cost factors that are stalling nuclear power
Jeff Immelt backs free market on gas GLENDA KORPORAAL The Australian March 21, 2013 GE chief executive and global chairman Jeff Immelt has rejected suggestions that Australia should follow the US policy of restricting its natural gas exports to provide cheaper domestic energy……..
GE chief executive and global chairman Jeff Immelt has rejected suggestions that Australia should follow the US policy of restricting its natural gas exports to provide cheaper domestic energy.
He said he felt the future of the nuclear power industry would depend on whether governments were prepared to support it.
He said cost factors were so great that new nuclear plants would not go ahead unless governments backed them.
The Australian, in association with GE, is in coming weeks launching the Path to Prosperity series, a landmark project exploring the opportunities ahead for key industries across the nation. http://www.theaustralian.com.au/business/mining-energy/jeff-immelt-backs-free-market-on-gas/story-e6frg9df-1226601983356
No comments yet.
1 This month
of the week – Disrupting War & Militarism in Oceania. Active solidarity. Radical practice.
Antinuclear 
Leave a comment