December 11, 2013
The total cost of Japan’s Fukushima nuclear plant meltdown may never be known, but the country has at least put a number on how much it anticipates storing the radioactive debris will cost it. Asahi Shimbun reports that the 2014 Japanese budget includes a 100 billion yen provision (roughly $970 million) for the purchase and development of land for “intermediate storage facilities.” Once construction and operation costs are also included, the total anticipated expense is calculated to be 1 trillion yen, or just under $10 billion. Though Tokyo Electric Power Co., the operator of the disaster-stricken plant, was expected to handle all decontamination work, its financial struggles have delayed the cleanup and the government is now stepping in with public funds to speed things up.
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