Nuclear energy is known to be cheap.
Tepco and Nuclear Damage Liability Facilitation Fund have made a capital plan to invest 1 trillion yen to prepare for taking out the melted nuclear fuel by 2021, when they will finally start to take out fuel.
To avoid bankruptcy, Tepco is going to apply for public fund.
The process to take out the melted nuclear fuel is supposed to take additional 10~15 years. More trillions of yen will be needed to abandon the nuclear reactors.
However, the technology of removing the melted nuclear fuel has not been developed.
原発の核燃料取り出しに１兆円 東電、廃炉へ資金計画
東京電力と原子力損害賠償支援機構が、福島第１原発の廃炉工程のうち、原子炉から溶けた核燃料の取り出しを始める２０２１年度までだけで総額１兆円超を投じる資金計画を策定したことが２６日、分かった。廃炉費用が経営を圧迫し続けることが確実となり、東電は経営破綻を避けるため政府に公的資金１兆円の資本注入を申請する方向で最終調整に入った。
溶けた燃料の搬出を終えるにはさらに１０～１５年が必要。最長４０年とされる廃炉完了までの期間にかかる費用が兆円単位で膨らみ続けることは避けられない見通しだ。
2012/01/26 19:14 【共同通信】
Iori MochizukiFukushima Diary is against media blackout. Only donation keeps it alive.
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First they lived off nuclear energy, now they will live off pretending to solve the nuclear disaster they have created and mismanaged, taxing the public for it.
The ethical decadence of our time is really appalling. And worst is that such cynic murderous bloodsuckers have too good chances of getting away with it instead of being lynched by an angry mob as would be normal and healthy.
Others above tout the low cost of Nuclear but I maintain that that is only a “snapshot” of when everything is working great; what happens when you look at the BIGGER picture? Many experts now maintain that Nuclear is not only MORE expensive but the RISK and time to construct is no longer acceptable!
Solar power may be cheaper than electricity generated by fossil fuels and nuclear reactors within three to five years because of innovations, said Mark M. Little, the global research director for General Electric Co. (GE) May 26, 2011 http://is.gd/L0V2hP
Then consider Japan as a test case; they WERE a major nuclear “user” and now they have a Trillion Dollar Eco-Disaster that is affecting their entire Country, how would California (and or the USA) pay for a similar event? Where would people relocate to and what would they do for housing, since their home owners insurance has a nuclear exclusion? If this happened in San Onofre, the “coastal” real estate loses alone would be more than a trillion dollars and the rest of the USA is downwind.
If people really knew the true cost of Fukushima, the people would demand CHANGE and that is something that some of those in Government and the entire Nuclear Industry want to avoid at all cost!
What will determine the total cost of their “Trillion Dollar” Eco-Disaster?
Please feel free to add your comments and or estimates to this list:
Decommissioning costs
Loss to all other radioactive decontamination caused by this Disaster.
Loss of revenues by Tepco
Loss to TEPCO’s share holders caused by radioactivity
Loss of Japanese personal income caused by radioactivity
Loss to Japanese businesses caused by radioactivity
Loss of all Japanese health costs related to radioactivity
Loss due to unusable Japanese Land related to radioactivity
Loss due to Japanese housing caused by radioactivity
Loss of Japanese Property Values caused by radioactivity
Loss of fishing grounds caused by radioactivity
Loss of manufacturing caused by radioactivity
Loss to the value of the Yen caused by radioactivity
Loss to other Utilities caused by Fukushima’s radioactivity
Loss to Japans credit rating caused by Fukushima’s radioactivity
Loss to the Japanese peoples Lives because of radiation
We now are being ruled by those in Nuclear Denial*; instead of by Leaders that demand an end to the Trillion Dollar Eco-Disaster RISK that Nuclear poses to mankind! The nuclear industry is fighting tooth and nail to maintain it’s market share yet NOW Solar (of all flavors) is far less to construct, faster to construct and carries with it N☢ Nuclear radioactive baggage that can kill an economy and or those nearby!
Ask The Japanese!
*Nuclear Denial
http://is.gd/XPjMd0
The illogical belief that Nature cannot destroy any land based nuclear reactor, any place anytime 24/7/365!