SmartPlanet: Staggering Costs of Fukushima Clean Up (Never Mind Toxicity Blowing East) + Fukushima RECAP

03 Environmental Degradation, 07 Health, 07 Other Atrocities, 08 Proliferation, 11 Society, Commerce, Corruption, Cultural Intelligence, Earth Intelligence, Government, Idiocy, Ineptitude

smartplanet logoThe staggering costs to clean up Fukushima

More than two years since the worst nuclear disaster since Chernobyl, the Fukushima power plant meltdown is still a major, global environmental problem. And the staggering price tag for cleaning it up continues to rise.

The Japanese government just announced that it’s borrowing about $30 billion more to cover costs related to Fukushima, bringing the total amount the Japanese government has borrowed to clean up the mess to around $80 billion, more than three times the amount BP spent to clean up the  massive oil spill in the Gulf of Mexico in 2010. That money will go into cleanup, along with compensation for the people who may never go back to their homes near the contaminated area, and the decommissioning of the nuclear reactors. But it’s not money that the government is on the hook for, Reuters reports:

Tokyo Electric Power, or Tepco, the owner of the Fukushima plant, remains responsible for covering the costs of compensation and paying to clean up the surrounding areas under a framework set by the previous government.

But the government has issued bonds to pay the related costs up front. The embattled utility remains on the hook for paying back the money spent to the government over a period of decades under current arrangements.

But it should hardly come as a surprise that the cleanup is proving so costly. Independent estimates put the total economic cost of the disaster at $250-$500 billion. Tepco has said it will need $137 billion to cover costs related to Fukushima. And if Chernobyl is any indication, the costs will likely continue for decades to come. And the real issue might not even be the cleanup costs or health concerns, but the fact that a large, productive area of land (of which Japan doesn’t have much to begin with) is now essentially useless and will be for many years, decades, or possibly centuries to come.

Fortunately, in the shadow of Fukushima, there is some good news. Just about 12 miles off the coast of the Fukushima prefecture, a symbolic floating wind turbine switched on for the first time on Monday. The turbine alone will send 2,000 kilowatts to Tohoku Electric Power Co. It’s a small step in the country’s push toward more renewable power, but the wind farm is expected to eventually have 143 turbines with a generating capacity of one gigawatt. But it’s just one of the ways Japan looking to make up for the lost energy production from its nuclear reactors, which accounted for about 30 percent Japan’s electricity capacity.

Phi Beta Iota: Fukushima is the tip of the iceberg.  The most obvious — and yet so easily covered up by a complicit media and dishonest governments around the planet that cannot be bothered to address the truth of the matter.  A thousand other Fukushimas are out there, less obvious, just as toxic (fracking, for example).  And there there is HAARP.

See Also:

4th Media: Fukushima Three Strikes

4th Media: Fukushima — What US Government & Media Decline to Report

Berto Jongman: Fukushima, Chernobyl, and the Frog in Boiling Water — An Anthropological Perspective on the Deceived, the Forgotten, & the Dying

Chuck Spinney: Fukushima Aftermath

Chuck Spinney: What Caused the Fukushima Meltdowns?

David Issenberg: Toxic Contractor Activities DoD Turns Blind Eye – Who’s Accountable? Fast Forward to Fukushima Approaching on a Tsunami of Official Lies and Misdirection

David Swanson: Harvey Wasserman on Fukushima’s Coming Mega Meltdown

Dolphin: Fukushima Disaster Was Man-Made Before and After — Collusion and Corruption Across Government and Industry and Media…

Dolphin: Fukushima’s Impact on West Coast

Graphic: Fukushima Radioactive Debris (Across An Area Larger than Central Park in NYC)

John Steiner: Coalition requests UN intervention to stabilize Spent Fuel Pool No. 4 at Fukushima

John Steiner: Fukushima – the Nuclear War Moves Across the Pacific Plus Latest Headlines

John Steiner: The World Community Must Take Charge at Fukushima

John Steiner: Whither Fukushima? Whither the World Brain?

Josh Kilbourn: Fukushima #4 Spent Fuel Rods + Earthquake = Nuclear Holocaust

Koko: Fukushima Radiation Update for US West Coast

Koko: Fukushima Sinking and Unstable – Imminent Threat

Lynn Wheeler: Fukushima Lies Continue

Mini-Me: Earthquakes, East Coast, Fukushima Redux + Meta-RECAP

Mini-Me: Fukushima 3.7X Higher than Chernobyl 28.3X More Toxic

Mini-Me: Fukushima Impact on US West Coast – Keeping the Truth Off the Table….+ Fukushima / Nuclear Meta-RECAP

Mini-Me: Fukushima – Japan’s 911 Israel’s Follow-Up to US 911 — Plus Comment on Need for Global Inspector General with Counterintelligence Mandate

Mini-Me: Japan’s Lies to the World on Fukushima

Penguin: 4th Media on Fukushima – NIGHTMARE Gets Worse!

Penguin: Fukushima and the Pacific Ocean

Penguin: Stonewalling Fukushima – a Betrayal of the Public Trust

Post-Fukushima Infant Deaths in the Pacific Northwest

SchwartzReport: Fukushima Fries the West Coast 28 Ways — US Map & Links — Deeply Frightening, Pity There Is No One Attending to the Public Interest….

SchwartzReport: Fukushima Surges 90X Higher

SchwartzReport: Fukushima Toward Millions of Deaths?

SchwartzReport: Nuclear Hell on Earth — Hanford Oregon Set to Blow, Fukushima Has Contaminated Ocean and Soil for Next Century…

SmartPlanet: Blind Mice See Again, Mutant Butterflys of Fukushima

Smart Planet: Fukushima Now a Global Disaster

Sterling Seagrave: General Electric, Not the Japanese, is Prime Culprit for the Fukushima Meltdown

SmartPlanet: Fukushima Worse Than Ever, Japan Rates a “3″ in Risk Severity