Countering Capenhurst – Winter 2018

Countering Capenhurst – Winter 2018

As ever we are doing a lot of campaigning work about all aspects of nukiller power, but much of it centrers around doing a lot of research, while working in co-operation with other campaigners.

Capenhurst in the news.

Japanese sale speculationOn January 19, 2018 the following news story appeared in the Nikkei Asian Review.

‘ Japan in talks over bid for UK uranium powerhouse

The Japanese government has entered into negotiations to acquire U.K.-based Urenco, a major European producer of enriched uranium, in a deal that is expected to be worth several billions of dollars.

The state-owned Japan Bank for International Cooperation is expected to make an offer together with U.S. nuclear energy company Centrus Energy.’

But URENCO says No.

On the same day we read in Nasdaq the that ‘Urenco, the world’s second largest nuclear fuel vendor after Russia’s Tenex, said on Friday it was not in discussion with the Japanese government about the sale of its business.’

So it’s a case of protest as normal.

Brookfield and Springfields.

At the start of January it was announced that Toshiba is selling its westinghouse subsiduary, and thus Springfields to Brookfield.

This is a $4.6 billion deal.

Brookfield is a Canadian investment company, which desribes their investment philosophy as such

‘ Our investment strategy is simple: utilize our global team of investment professionals, our vast network of employees across our operating businesses, and our industry partners to identify and acquire high quality assets at favorable valuations and finance them on a long-term, low-risk basis.

We then create value by increasing cash flows and asset values, and realizing the investment at the right time. Because the businesses we invest in form the backbone of the global economy, we are able to make operational improvements, generate steady cash flows and generally provide insulation from the extremes of market cycles. Nevertheless, we always seek downside protection, and we’re proud of our ability to generate strong risk-adjusted returns across all market conditions.

 

So what this might mean is that Westinghouse is restructured, parts of it merged in to other companies, and some major changes make to its nukiller power building programme. Although it is just too early to tell just what these changes might be.

Forthcoming Events.

Fukushima Day Events

 – Friday March 9  – 

Vigil to mark Fukushima day in Lancaster. This will be to point out the dangers of new build, and those which are inherent with the Heysham reactors continuing to be in use.

London – Kick Nuclear & JAN events.

Friday March 9th – 17.30.

Vigil opposite the Japanese Embassy, Piccadilly. WI.

Sunday March 11th

March from the Japanese embassy to Whitehall. Assemble Noon.

Wednesday March 14th

Parliamentary Public Meeting. 

Portcullis House, Westminster, London SW1 – 19.00. – 21.00.

April 26th – Chernobyl Day

June 24th – Capenhurst

We will be going back to Capenhurst to read out the 1978 URENCO Declaration, together with an updated version, which will reflect the damage which currently being done by URENCO.

The reading will start at 13.00.

Travel directions – Overground from Chester or Liverpool.

July – Crewe

We will also be back at the DRS [ Direct Rail Service ] open day at their Gresty Bridge depot in Crewe.

This will be our 5th anniversary demonstration / leafleting session.

October 10thSpringfields

We will be back at the Springfields plant on to mark 61 years since the Windscale Fire.

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