Palast on Tokyo Electric Power Co (TEPCO)

By: Greg Palast

I need to speak to you, not as a reporter, but in my former capacity as lead investigator in several government nuclear plant fraud and racketeering investigations.

I don’t know the law in Japan, so I can’t tell you if Tokyo Electric Power Co (TEPCO) can plead insanity to the homicides about to happen.

But what will Obama plead? The administration, just months ago, asked Congress to provide a $4 billion loan guarantee for two new nuclear reactors to be built and operated on the Gulf Coast of Texas – by TEPCO and local partners. As if the Gulf hasn’t suffered enough. Here are the facts about TEPCO and the industry you haven’t heard on CNN:

Continue reading the article . . .

Related reading:

South Texas Nuclear Generating Station
Wikipedia

Japan’s Disaster Chills Plan For Texas Nuclear Plant
Chron.com (14 March 11)