Fukushima Clean-up Could Cost Half A Billion Dollars


William Mallard
Reuters
September 3, 2013

Japan’s government plans to spend nearly $500 million to deal with mounting amounts of radioactive water at Tokyo Electric Power Co.’s wrecked Fukushima nuclear power plant, the country’s industry minister said Tuesday.

The government will spend most of that building a wall of frozen earth around wrecked reactors to prevent groundwater mixing with water being used to cool melted fuel rods, industry minister Toshimitsu Motegi told reporters.

The rest will be spent on upgrading water treatment systems to reduce the amount of contaminated water that is building up at the site and threatening to overwhelm clean up efforts after the worst nuclear crisis since Chernobyl in 1986.

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