Nuclear crisis could cost Japan up to 20 tril. yen over 10 yrs: study
Jun. 1, 2011
The cost of scrapping the Fukushima Daiichi nuclear power plant crippled by the March 11 earthquake and tsunami as well as compensating evacuees could total up to 20 trillion yen over the next decade, according to an estimate by a research institute presented to a government meeting Tuesday.
The Japan Center for Economic Research, a private think tank, estimated that scrapping all six reactors at the Fukushima complex could cost up to 15 trillion yen, while compensating people who have been evacuated from areas located within 20 kilometers from the plant could reach around 630 billion yen.
The government may also be forced to buy up land contaminated with radioactive substances located within a 20-kilometer radius of the power station, costing an additional 4.3 trillion yen, Kazumasa Iwata, president of the institute, said at the meeting of the Japan Atomic Energy Commission.
(Distributed by Kyodo News on June 1, 2011)
The Japan Center for Economic Research, a private think tank, estimated that scrapping all six reactors at the Fukushima complex could cost up to 15 trillion yen, while compensating people who have been evacuated from areas located within 20 kilometers from the plant could reach around 630 billion yen.
The government may also be forced to buy up land contaminated with radioactive substances located within a 20-kilometer radius of the power station, costing an additional 4.3 trillion yen, Kazumasa Iwata, president of the institute, said at the meeting of the Japan Atomic Energy Commission.
(Distributed by Kyodo News on June 1, 2011)
