Thursday, 07 March 2013 15:53

Japan's "Long War" to shut down Fukushima

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Off the World News Desk:

Japan's "Long War" to shut down Fukushima

“The reactors were declared to be in a stable state called cold-shut down in December 2011. But now Japan faces an unprecedented clean-up that experts say could cost at least $100 billion for decommissioning the reactors and another $400 billion for compensating victims and decontaminating areas outside the plant.

Tepco said in November the costs of compensation to residents and decontamination of their neighbourhoods might double to 10 trillion yen from a previous estimate. That did not include a forecast for decommissioning.

Two years after the disaster, cleanup of communities around the plant is haphazard. Much of the work has been handed to Japanese construction companies with little relevant experience. Townships around the plant say the cleanup is behind schedule, while contaminated dirt, leaves and rubble removed by cleaning crews pile up all over Fukushima with no government decision in sight over its final storage space.

The Japan Center for Economic Research, a Tokyo-based think tank, has estimated that decontamination costs alone in the Fukushima residential area could balloon to as much as $600 billion.”

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