Fukushima compensation increased to 7.07 trillion yen

nuclear-news

flag-japanJapan increases Fukushima compensation to US$57 billion, Malaysian Insider,  28 July 2015 Japan on Tuesday approved an increase in compensation payments for the Fukushima crisis to 7.07 trillion yen (RM218 billion), as tens of thousands of evacuees remain in temporary housing more than four years after the disaster.

Tokyo Electric Power Co (Tepco), the operator of the wrecked Fukushima Daiichi nuclear station, will receive 950 billion yen (RM29 billion) more in public funds on top of the 6.125 trillion agreed earlier, the utility and the government said.

The increase, agreed after a request by Tepco, adds to the bill for taxpayers for the disaster in March 2011, when three reactors melted down after an earthquake and tsunami, in the worst nuclear crisis since Chernobyl in 1986, destroying businesses and livelihoods….

Prime Minister Shinzo Abe’s government and Tepco, which was bailed out by taxpayers in 2012, are undertaking an unprecedented cleanup to…

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