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Australian news, and some related international items

Government to help fund Fukushima decontamination, easing Tepco’s burden

dunrenard's avatarFukushima 311 Watchdogs

Easing Tepco fuck-ups with taxpayers money!

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The Cabinet decided Tuesday that the central government will help pay to decontaminate areas worst hit by the 2011 Fukushima reactor meltdowns, marking a shift from earlier rules requiring Tepco to foot the bill.

Prime Minister Shinzo Abe’s team endorsed a plan to set up a reconstruction hub in the most contaminated, off-limits areas in Fukushima Prefecture and secure about ¥30 billion for decontamination work in the fiscal 2017 budget.

The cost of the work could total around ¥300 billion in the next five years and grow further depending on how it progresses.

The plan is in line with proposals made in August by the ruling coalition, but no government panel review or Diet deliberations have been held on it, raising the prospect that it could be criticized as a bailout for Tokyo Electric Power Company Holdings Inc.

The government decided to add the…

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December 23, 2016 - Posted by | Uncategorized

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