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GE's Immelt defends nuclear industry safety record | Reuters

(Reuters) - General Electric Co (GE.N) Chief Executive Jeffrey Immelt defended the nuclear industry's safety record on Monday during a trip to Tokyo to show support to the operator of a stricken nuclear plant using reactors designed by the U.S. conglomerate.

Immelt met with executives at Tokyo Electric Power Co (TEPCO) (9501.T), operator of the Fukushima power plant that was crippled by the March 11 earthquake and tsunami and is leaking radiation in the worst nuclear accident since Chernobyl in 1986.

GE and its nuclear business partner Hitachi Ltd (6501.T) have sent over 1,000 workers to help with the so far unsuccessful efforts to get the plant under control.

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"But this is an industry that operated effectively for 40 years. And that's my expectation," he said.

A GE Japan spokeswoman later told Reuters that Immelt excluded the Chernobyl incident when referring to the industry's safety record over the past four decades because it did not involve facilities designed by Western or Japanese firms.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Apr 4th, 2011 at 11:09:34 AM EST

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