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France may have painted itself into a corner by pushing state-owned nuclear power group Areva to sell its most profitable unit, and could end up weakening the very domestic industries it is trying to champion. The government, which owns 93 percent of Areva, must choose between three bids for the Areva's electricity transmission & distribution (T&D) business -- from GE, Toshiba, and a French consortium of Alstom and Schneider Electric -- each of which potentially hurts French economic interests in different ways. Should the government choose GE or Toshiba for the business, valued at 4 to 5 billion euros ($5.9-7.4 billion), it would in either case end up strengthening a company that competes with Areva in its core nuclear segment.

France may have painted itself into a corner by pushing state-owned nuclear power group Areva to sell its most profitable unit, and could end up weakening the very domestic industries it is trying to champion. The government, which owns 93 percent of Areva, must choose between three bids for the Areva's electricity transmission & distribution (T&D) business -- from GE, Toshiba, and a French consortium of Alstom and Schneider Electric -- each of which potentially hurts French economic interests in different ways. Should the government choose GE or Toshiba for the business, valued at 4 to 5 billion euros ($5.9-7.4 billion), it would in either case end up strengthening a company that competes with Areva in its core nuclear segment.

It was just more than 30 years ago when no one noticed that a valve had opened in Three Mile Island's Unit 2 reactor allowing reactor coolant to escape. That mechanical failure was followed by a series of bad decisions that led not only to the fuel core starting to melt but also to detectable radiation being released into the air and water. It was the worst nuclear power plant accident in the United States. There were many issues and lessons learned. We thought one of them was the need for honesty and transparency from the owners of the nuclear facility. Former Gov. Dick Thornburgh was in office for just 72 days when the call came about the accident. In 1999, he offered reflections on what happened as events unfolded. One of the things he said was: "The credibility of the utility, in particular, did not fare well. It first seemed to speak with many voices, and then with none at all. On the first day, it made its debut by seeking to minimize the incident - assuring us that 'everything is under control' when we later learned it wasn't, and that 'all safety equipment functioned properly' when we later learned it didn't." And even when company technicians found that radiation levels in the area surrounding the island had climbed above normal, the company neglected to include that information in its statement to the public.

It was just more than 30 years ago when no one noticed that a valve had opened in Three Mile Island's Unit 2 reactor allowing reactor coolant to escape. That mechanical failure was followed by a series of bad decisions that led not only to the fuel core starting to melt but also to detectable radiation being released into the air and water. It was the worst nuclear power plant accident in the United States. There were many issues and lessons learned. We thought one of them was the need for honesty and transparency from the owners of the nuclear facility. Former Gov. Dick Thornburgh was in office for just 72 days when the call came about the accident. In 1999, he offered reflections on what happened as events unfolded. One of the things he said was: "The credibility of the utility, in particular, did not fare well. It first seemed to speak with many voices, and then with none at all. On the first day, it made its debut by seeking to minimize the incident - assuring us that 'everything is under control' when we later learned it wasn't, and that 'all safety equipment functioned properly' when we later learned it didn't." And even when company technicians found that radiation levels in the area surrounding the island had climbed above normal, the company neglected to include that information in its statement to the public.