Tag Archives: Japan nuclear compensation

Japan’s leader vows to bring rebirth to Fukushima area, revive economy

Japan’s prime minister pledged Wednesday in his traditional new year’s press conference to bring “rebirth” to the area around the crippled Fukushima nuclear power plant.

Prime Minister Yoshihiko Noda said authorities would work to decontaminate the region from radioactive fallout, while ensuring compensation and health checks for those affected by the disaster.

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( Shizuo Kambayashi / Associated Press ) – Japanese Prime Minister Yoshihiko Noda smiles during his first news conference of the year at his official residence in Tokyo Wednesday, Jan. 4, 2012.

“These three pillars will bring the rebirth of Fukushima,” he said. Noda gave no timeframe, and government officials have said it may be years or even decades before many of the 100,000 residents displaced by the disaster can return.

Read the rest of the story: Japan’s leader vows to bring rebirth of area around crippled nuclear plant, revive economy.

TEPCO to keep paying as Japan nuclear compensation bill passes

A lower house committee of Japans parliament on Tuesday passed a bill to help Tokyo Electric Power pay billions of dollars in compensation to those hurt by the Fukushima nuclear disaster, ensuring a law will soon be in place to guarantee the utilitys survival and get aid to victims.The bill, now set for passage in a lower house plenary session as early as this week and to go into law soon thereafter, will establish a fund backed by taxpayer money and contributions from other utilities to handle compensation, which analysts have estimated could cost up to $130 billion.But the bill, a product of more than a month of wrangling between ruling party and opposition lawmakers following the initial announcement of a draft in May, leaves several key issues unresolved.

Read the rest of the story: Japan nuclear compensation bill passes key hurdle.