German Industrial Conglomerate Siemens Says No to Nuclear Energy.

In an interview with Der Spiegel, Siemens CEO Peter Loescher said that Siemens would follow along with the general national mood and forego further development of nuclear energy. This all comes in the wake of the Fukushima disaster in Japan and public support for nuclear power in Germany is at an all time low. Siemens says it will no longer produce equipment specifically for nuclear power but will maintain production of steam turbines that are used in other types of power generation. As part of this shift, Siemens will leave a joint a venture with Russia’s Rosatom. The disaster in Fukushima has reawakened the world to the horrors of nuclear disaster, and tales from Fukushima paint a post apocalyptic picture many thought only possible in film. Now, feral dogs roam the towns abandoned because of nuclear fallout. The effects of the public shift could also negatively impact mining prospects in Wyoming so the aftermaths of Fukushima are not only felt on the power production side of the industry.


Comments are closed.