tepco-protestby Mari Iwata / via Wall Street Journal / December 27, 2013

Tokyo Electric Power Co., the operator of the Fukushima Daiichi nuclear plant, says it aims to boost its corporate value through its new 10-year business plan so it will be able to ante up the estimated $100 billion needed to pay for damages incurred by the devastating 2011 accident. But it hasn’t yet disclosed how it aims to achieve its goal.

The plan, drawn up by Tepco and the government’s Nuclear Damage Liability Facilitation Fund, was submitted on Friday to industry minister Toshimitsu Motegi. An approval by Mr. Motegi could come as early as January, but neither Tepco nor the government are talking about what’s inside the plan to restore the once-high flying Tepco to financial health.

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By Corbett| 7 Comments | News

7 comments

  1. It is so predictable TEPCO’s behavior, built on lies and deception and false promises and yet the Government goes right along in lock step with them every time and why the world as a whole tolerates this incompetent belligerent behavior by both parties?
    I also have yet to see any reports of any credible source revealing how many have died thus far working on the TEPCO cleanup and how many that have are now sick and dying?

    • The government and TEPCO’s fate are bound together. Every nuclear power station is underwritten by the government because no private entity will can on the risk. They are all uninsurable. So as goes Fukushima, so goes the government. It’s a massive ass covering exercise. It’s happening in the US too. Fukushima is out of the news because the gov’t wants it to be. An outcry in the US over nuclear power could force the closure of 300+ power stations costing untold billions in write offs and derailing the Obama administration’s pro-nuclear agenda (funded to a huge degree by Entergy).

  2. Q: How do you know if Tepco’s president Naomi Hirose is lying?

    A: His mouth is moving.

  3. The nuclear industry creates radioactive waste, an extremely toxic carcinogen, which lasts millions of years polluting the air (radioactive dust and rain), the waters and the land negatively affecting every species on Earth. It is time to stop the insane psychopathic buisness of the nuclear industry today for the sake of your childrens childrens children and every living species on the planet. The nuclear industry is a white elephant that needs to be put down for the sake of the human race and all species of the Earth.

    Please sign the anti nuclear industry petition

    http://www.thepetitionsite.com/922/581/789/we-want-a-shut-down-of-the-nuclear-industry-everywhere-on-earth/

  4. You try clean it up with your disrespect, uneducated comments. I’m not Japanese so what.

  5. Scope up the land with remote control excavators and dump trucks for now, probably 10sp mile of dirt done.

  6. So, what?

    http://turnerradionetwork.com/news/146-mjt

    NEWS FLASH – URGENT – December 28, 2013 11:00 PM EST — (TRN http://www.TurnerRadioNetwork.com ) — Persons residing on the west coast of North America should IMMEDIATELY begin preparing for another possible onslaught of dangerous atmospheric radiation from the Fukushima nuclear disaster site in Japan. The Tokyo Electric Power Company (TEPCO) says radioactive steam has suddenly begun emanating from previously exploded nuclear reactor building #3 at the Fukuishima disaster site in Japan. TEPCO says they do not know why this is happening and cannot go into the building to see what’s happening due to damage and lethal radiation levels in that building. Experts say this could be the beginning of a “spent fuel pool criticality (meltdown)” involving up to 89 TONS of nuclear fuel burning up into the atmosphere and heading to North America. Steam photo, full details and suggested methods to protect yourself appear below.

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