Gulf of Mexico Oil Spill Blog Germany Angela Merkel Nuclear Plants Offline GE

Germany Angela Merkel Nuclear Plants Offline GE

general electric boiling water reactor mark I

general electric boiling water reactor mark I

by Gus Lubin

General Electric shares were down 7.9 percent in pre-market trading, after closing down 2 percent yesterday.

GE made the reactors that are breaking down at Fukushima. The company, which is in talks to sell reactors to India, would also lose out if fears about nuclear power grow.

Earlier today Angela Merkel said she would suspend operations at seven German nuclear plants for the next three months for further review, according to the AFP. These plants were among 17 that were due to be shut down in 2021, before receiving an extension last year from Merkel.

Meanwhile on CNBC there is chatter about a moratorium on nuclear development in the US.

For more on the situation in Fukushima, see here

source: GE Crashes As Nuclear Fears Increase

About these ads
This entry was posted in Germany, Gulf of Mexico Oil Spill, Gulf of Mexico Oil Spill Blog and tagged , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

One Response to Gulf of Mexico Oil Spill Blog Germany Angela Merkel Nuclear Plants Offline GE

  1. Pingback: World Leaders News » Gulf of Mexico Oil Spill Blog Germany Angela Merkel Nuclear Plants …

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s