Friday, December 1, 2017

Catastrophic Risk




November 30, 2017 5:12 pm JST (Updated December 1, 2017 2:06 am JST) Kobe Steel fraud delays Japan's plans to restart reactors. Asia Nikkei, https://asia.nikkei.com/Business/Companies/Kobe-Steel-fraud-delays-Japan-s-plans-to-restart-reactors

Data falsification mess spreads to country's weakened electric suppliers...

Kansai Electric had said it uses Kobe Steel-made parts at its nuclear facilities but that safety has not been affected. "Although it took some time to check," Kansai Electric President Shigeki Iwane told reporters on Monday, "the issue will not affect overall operations."

Kobe Steel products are used in nuclear facilities across Japan. The data falsification scandal has so far hit facilities with reactors that are on the road to reactivation. But as Japan moves to put more of its reactors back online, the scandal may affect decisions by other nuclear plant operators.

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