ºÚÁÏÍø

News

Financial thinking guides decision making on nuclear power too

The latest decisions on nuclear power demonstrate the despicably close alliance between nuclear power and politics.
According to Maarit Laihonen, a closer examination of Finnish decision marking on nuclear power exposes a deeply rooted politicism in this sector of industry.

‘Nuclear power says a lot more about us that we could ever say about nuclear power’, says Maarit Laihonen, who has researched Finnish decision making on nuclear power for eight years. In the defence of her doctoral dissertation at the Aalto University School of Business on Friday 16 December 2016, Ms Laihonen shows that the decades old, familiar traditions of the welfare state are still found in the bases for decision making on nuclear power.

Nuclear power was previously considered mainly a form of energy production which involved ethical questions, particularly because of nuclear waste. However, a closer examination of Finnish decision marking on nuclear power exposes a deeply rooted politicism in this sector of industry and at the same time an avoidance of its political character. Officially, decision making on nuclear power is presented as being participatory and all viewpoints and experience are taken into consideration.

However, the latest decisions on nuclear power demonstrate the despicably close alliance between nuclear power and politics: decision makers defend catastrophic projects even in desperate situations. Ms Laihonen’s dissertation shows how Finland’s economic and industrial crisis, Russian military activity and the financial and technical difficulties of Olkiluoto 3 and Fennovoima’s plans for nuclear power, have not undermined the preferred way of presenting these decisions in public.

‘In the 1960s, nuclear power plants were built with the strong conviction that well-being would be disseminated to everyone through industry. Now instead there is a belief in salvation achieved through economic growth, the attempt to achieve independence in power generation as well as the need to respond rapidly to the challenges of climate change’, states Ms Laihonen.

Criticism of the decisions came from many directions ranging from the Ministries to the safety authorities and economics experts. Nuclear power related policies thus have an impact on people that is much broader than on decision makers, and explains the ways in which major industrial policy is formulated.

‘There are high hopes for rational decision making, but the rationality of current policy often seems to be reduced to a blind belief in economics; or rather economic hopes. However, these hopes have a concrete impact which will only be seen in these gigantic projects which will last for years or even decades’, says Ms Laihonen.

  • Updated:
  • Published:
Share
URL copied!

Read more news

Aalto digital working
Research & Art Published:

Building a future through digital growth

In an era of complexity, uncertainty, and austerity, a clear vision towards growth is more important than ever. Finland and Europe need economic growth, and digital solutions offer a genuine path forward across all industries. By combining business expertise with academic knowledge, the Center for Digital Business Growth (CDBG) provides concrete support for companies looking to grow.
Learning Centre graphics
Research & Art, Studies Published:

New e book apps will replace Adobe Digital Editions from 20 May

There will be changes to how DRM (Digital Rights Management) protected e books are downloaded in Ebook Central, EBSCO eBooks and VLeBooks. Adobe Digital Editions will be replaced by new apps that better support accessibility.
Angular teal building under grey sky with text: Aalto University Centre for radical creativity
Cooperation, Press releases, Research & Art, University Published:

Aalto University establishes Centre for Radical Creativity – aiming to support societal and corporate transformation

The centre responds to the interest and need for transformation among businesses and organizations and calls partners to join.
Saija Simola
Press releases, Research & Art Published:

1 in 4 mental health patients hurt by wording in electronic health records, finds study

Errors, disrespectful language and information perceived as unnecessary in electronic health records can feel offensive to patients