Question
According to Wikipedia.com, former Philippines President Marcos authorized construction of a new nuclear power plant on a known earthquake fault line in the province of
According to Wikipedia.com, former Philippines President Marcos authorized construction of a new nuclear power plant on a known earthquake fault line in the province of Bataan. The projected $500 million power plant was to be constructed by Westinghouse. The project was backed by EXIRa U.S. government-backed Export Credit Agencywhich guaranteed the Philippine loan to Westinghouse. The actual cost of the completed project was $2.3 billion. Westinghouse was paid despite the fact that the nuclear plant never went online since it was built on a fault line. This is an example of
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