[governance] fukushima disaster report

[parminder]

The Fukushima nuclear accident investigation report called the it a 
'profoundly man-made disaster'. It put a lot of blame on regulatory capture.

To quote a newspaper report  ( 
http://www.thehindu.com/opinion/op-ed/article3610518.ece )

The investigation commission's report " explains the disaster in terms 
of “regulatory capture” — that is, that the relationship between the 
regulators and the regulated was much too close, enabling the regulated 
to subject the regulators to undue pressure and influence."

  CIR management, especially vis a vis oversight issues, came to my mind 
as I read this. Those who have rooted for the current AoC based review 
mechanisms as *the* oversight system may especially take note.  This 
report shows the need and the role of independent and outside oversight 
systems for critical technical infrastructures.

  parminder
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