The Mudcat Café TM
Thread #136314   Message #3351995
Posted By: Charley Noble
17-May-12 - 08:49 AM
Thread Name: BS: Japan Nuclear plant disaster, 2011
Subject: RE: BS: Japan Nuclear plant disaster, 2011
gnu-

There aren't a lot of other choices to make in terms of managing this disaster. Someone has to clean it up and TEPCO as a privately run industry certainly can't attract new investment capital at this point to do the job.

Unfortunately for the company, their assumptions about what they needed to do to safeguard their investment at this nuclear complex proved woefully unrealistic. The same is true for many other nuclear power plants around the world.

I doubt if the private investors will ever get back their money in this case. That doesn't necessarily follow from what I read in the report.

Charley Noble