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Loan to Tepco for Fukushima Cleanup Costs Rises to 14 Trillion Yen

posted by janrinok on Friday December 09 2016, @05:20AM   Printer-friendly
from the dirty-money dept.

takyon writes:

Tepco is being loaned more interest-free money to cleanup after the Fukushima disaster:

Japan will increase an interest-free loan to the operator of the wrecked Fukushima nuclear plant, Tokyo Electric Power (9501.T), by more than a third to 14 trillion yen ($123 billion), a source familiar with the matter said on Thursday. The increase in the loan from 9 trillion yen is to cover the costs for compensation and decontamination areas around the plant, according to the source.

[...] The disaster is likely to cost 22.6 trillion yen ($199 billion), more than double an earlier government estimate.

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  • (Score: 0) by Anonymous Coward on Friday December 09 2016, @10:26PM

    by Anonymous Coward on Friday December 09 2016, @10:26PM (#439436)

    a-so i also forgot to mention:
    that four 1 GW capacity reactors running 24 hours per day would generate 4 GW x 24h = 96 GWh per day.
    that is less then ~158GWh/day that one-hundred-plus-plus million 0.5 kw PV systems would generate.

    now i don't know if building four 1 GW nuclear reactors would cost $123 billion but if we assume that they all could
    blow up then the answer is probably not: building + clean-up > 123 billion.

    so the money is available and would produce more energy but is rather spent on "cleaning-up", a misnomer by all means?