nuclear-news

Japanese government effectively nationalises TEPCO nuclear power company

Japan Nuclear Disaster Probe: TEPCO Gets $12.8 Billion Crisis Bailout (includes VIDEO)  HUFFINGTON POST, By MARI YAMAGUCHI 07/31/12    ONAGAWA,
Japan — The Japanese operator of the nuclear power plant devastated in last year’s disasters received a 1 trillion yen ($12.8 billion) bailout Tuesday, putting it under government ownership, while international experts visited another plant that survived the
tsunami’s impact….

The company faces massive compensation demands from those forced to evacuate and whose land and products were contaminated by radiation leaks following the crisis that began March
11 last year when Japan’s northeast was hit by a massive earthquake and tsunami.

TEPCO must also shoulder the enormous costs of decommissioning three reactors with melted cores and placing nuclear fuel rods from a fourth reactor into safe storage……
http://www.huffingtonpost.com/2012/07/31/japan-nuclear-disaster_n_1722716.html

August 1, 2012 - Posted by Christina Macpherson | Japan, politics