They were telling us that nuclear energy was safe and cheap….

8 trillion yen in public funds sought for post-Fukushima disaster costs

The Federation of Electric Power Companies of Japan (FEPC) has informally asked the government to inject some 8 trillion yen in public funds into efforts for nuclear damage compensation and decontamination work in areas around the Fukushima No. 1 nuclear power plant, it has been learned.

The FEPC has drawn up a report stating that an extra 8 trillion yen is estimated to be necessary even after Tokyo Electric Power Co. (TEPCO) and other major utilities shoulder the planned amount of costs for dealing with the aftermath of the Fukushima disaster, and has informally requested that the government foot the surplus amount. The government has heretofore taken the position that nuclear plant operators should bear the costs for nuclear damage compensation and decontamination work in principle. It is…