THE FUKUSHIMA NIGHTMARE : CLEANUP OF RADIOACTIVE MATTER COULD TOP 250 BILLION DOLLARS





The Fukushima cleanup has not yet started, but the numbers bandied about are staggering: a projected 250+ billion dollars cost is so far projected for the restoration and disposal of the radioactive scores that remain after the meltdown.

The Nuclear Safety Commission's survey details a ten year program that could top a quarter of a billion dollars expense.  That cost is inclusive of the buy out of the exclusion zone, a 20 km radius bubble, its land and properties,  and the repayment of lost property.  9 to 188 billion dollars alone will be needed for disposal of the power station's reactor and the waste.  

Kazumasa Iwata, the president of the Center for Economic Research of Japan has requested a drastic review of the government's nuclear energy policy to fund the cleanup.  He believes the government could channel 71 billion dollars to the fund over the next decade by halting temporarily some R& D projects slated to research the nuclear fuel cycle. 

150 additional billions would be sourced from Tokyo's Electric Power Company reserve fund and also spread through 10 years.  



Source : the News of Japan/ 8.14.13


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