The Mudcat Café TM
Thread #136314   Message #3153540
Posted By: Q (Frank Staplin)
13-May-11 - 03:21 PM
Thread Name: BS: Japan Nuclear plant disaster, 2011
Subject: RE: BS: Japan Nuclear plant disaster, 2011
Press emphasis seems to be on compensation.

"A day after the reported discovery of meltdown holes in reactot No. 1, the government approves a framework for letting Tepco tap taxpayer money to compensate victims of the crisis at the Fukushima No. 1 power plant."
"Under the framework, a new institution will be established to facilitate Tepco's payments and place the company and other nuclear plant operators under government supervision to monitor the streamlining efforts 'for a certain period of time'."
Power utilities will be obliged to help fund the new institution and the government will issue special zero-interest bonds that can be cashed when necessary.
Livestock within 20 km of Fukushima plant must be destroyed and Tepco will have to compensate the livestock owners.

Japan Times, Saturday, May 14, 2011.