Thursday, 1 December 2016

Fukushima costs to double to nearly $180 bn

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The estimated cost of dealing with the 2011 Fukushima nuclear crisis has doubled to some USD 180 billion, underlining the challenge Japan faces in overcoming the world's worst nuclear disaster since Chernobyl. The Japanese government now estimates that total costs - including compensation, decommissioning and decontamination - could reach 20 trillion yen (USD 178 billion) or even more. 

The figure, which it obtained from unidentified government sources, is nearly double the previous estimate of 11 trillion yen made three years ago. An official at the economy, trade and industry ministry, which oversees the nuclear sector, could not confirm the report.

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