Japan pledges to fund Fukushima recovery
The Japanese government, for the first time, is taking direct responsibility for the world's worst atomic disaster in a quarter of a century.
Japan on Tuesday outlined plans to spend around 47-billion yen, or roughly 470 million U.S. dollars to stop the toxic water crisis at the nation's crippled Fukushima nuclear plant.
The government plans to fund two projects -- building a frozen wall around the plant and upgrading water treatment units -- through the end of next year.
Some of the money could come from budget reserves, which would allow the government to funnel money to the projects at an earlier date, important since the crisis seems to worsen by the day.
"For the time being, the contaminated water issue is extremely urgent and as such we will look at using budget reserves. While the particulars are still not decided, up to 211 million dollars could be used from budget reserves at any time."
The Fukushima nuclear plant has been leaking hundreds of tons of toxic water into the sea since a 2011 earthquake and tsunami devastated the region.
Tokyo Electric Power Company has been unable to stop the crisis.
While Japan is stepping up its intervention in the disaster, the move is also being perceived as a public relations manuever, as it comes just days before the International Olympic Committee is scheulded to vote on which city will host the 2020 Olympics.
Hwang Ji-hye, Arirang News.
We're getting reports now that the plant operator TEPCO has detected up to 2,200 millisieverts of radiation nearby one of the leaking tanks at the plant.
That's the highest measurement since early July and could be fatal if a person is exposed to the amount of radiation for three hours.
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