Toshiba scales back on nuclear – Channel 4 News – 14 Feb 17

 

 

Toshiba is basically bust, and it has been broken, in fact, by a nuclear project. So the idea that it won’t want to get rid of Moorside for whatever value it can realise, seems to be very, very unlikely.  They will try to sell it, I’m not sure that they will find a buyer.

What there is a real risk of here, is pouring good money after bad, because the headlines would be so awful if they just said that they were giving up.

 

 

About tomburke

Tom Burke is the Chairman of E3G, Third Generation Environmentalism, and an Environmental Policy Adviser (part time) to Rio Tinto plc. He is a Visiting Professor at both Imperial and University Colleges, London. He is a member of the External Review Committee of Shell and the Sustainable Sourcing Advisory Board of Unilever and a Trustee of the Black-E Community Arts Project, Liverpool.
This entry was posted in Business, Channel 4 News, Domestic, Economics, Economics, In the media, International, Interviews, Nuclear, Sustainability and tagged , , , , , , , , , , , , . Bookmark the permalink.

Leave a Reply