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BREAKING: Japan TEPCO utility gets $12.8 billion Fukushima bailout

 
Liquid_Pestilence
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07/31/2012 11:58 AM
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BREAKING: Japan TEPCO utility gets $12.8 billion Fukushima bailout
SNIP:
"The Japanese operator of the nuclear power plant devastated in last year's disasters received a 1 trillion yen ($12.8 billion) bailout Tuesday, putting it under government ownership."

SNIP:
"A series of investigation reports, including one released earlier this month by a government-appointed panel, criticized cozy relationships among the government, regulators and TEPCO. The reports also blamed TEPCO for underestimating the tsunami risk faced by the Fukushima Dai-ichi plant despite a history of quakes in the region."

[link to www.kcby.com]

:number 4:

So now the japan government owns this Fukushima mess ?
"Fear paints pictures of ghosts and hangs them in the gallery of ignorance." Robert Green Ingersoll
Liquid_Pestilence (OP)

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07/31/2012 12:04 PM
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Re: BREAKING: Japan TEPCO utility gets $12.8 billion Fukushima bailout
SNIP:
"The panel said the government and TEPCO failed to prevent the disaster not because a large tsunami was unanticipated, but because they were reluctant to invest time, effort and money in protecting against a natural disaster considered unlikely. "The utility and regulatory bodies were overly confident that events beyond the scope of their assumptions would not occur . . . and were not aware that measures to avoid the worst situation were actually full of holes," the government panel said in its final report.TEPCO had even weighed in on a report about earthquake risk and asked the government to play down the likelihood of a tsunami in the region, the report said. The panel's report faulted an inadequate legal system for nuclear crisis management, a crisis-command disarray caused by the government and Tepco, and possible excess meddling on the part of the prime minister's office in the early stage of the crisis. The panel concluded that a culture of complacency about nuclear safety and poor crisis management led to the nuclear disaster."

[link to en.wikipedia.org]
"Fear paints pictures of ghosts and hangs them in the gallery of ignorance." Robert Green Ingersoll
Liquid_Pestilence (OP)

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07/31/2012 12:13 PM
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Re: BREAKING: Japan TEPCO utility gets $12.8 billion Fukushima bailout
SNIP:
"The nuclear crisis at the Fukushima Daiichi power plant in Japan was a "man-made disaster" that unfolded as a result of collusion between the facility's operator, regulators and the government."

SNIP:
"Its regulation was entrusted to the same government bureaucracy responsible for its promotion," the commission said.

Fukushima plant operator: We weren't prepared for nuclear accident"

[link to articles.cnn.com]
"Fear paints pictures of ghosts and hangs them in the gallery of ignorance." Robert Green Ingersoll
Anonymous Coward
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07/31/2012 12:20 PM
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Re: BREAKING: Japan TEPCO utility gets $12.8 billion Fukushima bailout
burnit
Liquid_Pestilence (OP)

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07/31/2012 12:33 PM
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Re: BREAKING: Japan TEPCO utility gets $12.8 billion Fukushima bailout
WTF SNIP:
"A subcontractor of plant operator Tokyo Electric Power Company acknowledged having nine workers cover their dosimeters with lead plates late last year so that the instruments would indicate a lower level of radiation exposure."

[link to www.nytimes.com]
"Fear paints pictures of ghosts and hangs them in the gallery of ignorance." Robert Green Ingersoll
Anonymous Coward
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07/31/2012 08:06 PM
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Re: BREAKING: Japan TEPCO utility gets $12.8 billion Fukushima bailout
SNIP:
"The Japanese operator of the nuclear power plant devastated in last year's disasters received a 1 trillion yen ($12.8 billion) bailout Tuesday, putting it under government ownership."

SNIP:
"A series of investigation reports, including one released earlier this month by a government-appointed panel, criticized cozy relationships among the government, regulators and TEPCO. The reports also blamed TEPCO for underestimating the tsunami risk faced by the Fukushima Dai-ichi plant despite a history of quakes in the region."

[link to www.kcby.com]

:number 4:

So now the japan government owns this Fukushima mess ?
 Quoting: Liquid_Pestilence


bump
Anonymous Coward
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07/31/2012 08:09 PM
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Re: BREAKING: Japan TEPCO utility gets $12.8 billion Fukushima bailout
If they were bailed out using taxpayer money, then taxpayers should get free power. Ooops sorry, that would too fair. Charge them double I meant.
Anonymous Coward
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07/31/2012 08:18 PM
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Re: BREAKING: Japan TEPCO utility gets $12.8 billion Fukushima bailout
absolute corruption. when the Oi nuke plant was restarted not too long ago, several fossil fuel plants have been shut down, resulting in a net power loss. And they continue to threaten the public that there will be not enough power.
Anonymous Coward
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07/31/2012 08:21 PM
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Re: BREAKING: Japan TEPCO utility gets $12.8 billion Fukushima bailout
Fukuichi Live Camera currently installed near the Administration Office Building at Fukushima Daiichi Nuclear Station has been offering real-time images of mainly Unit 1 and 2 since May 31, 2011. In response to the request from viewers and considering the progress of the cover installation for fuel removal at Unit 4, the camera location will be moved to near the Waste Sludge Temporary Storage Facility (on Unit 4 side). Starting from 11:00 AM on August 1 (planned)*, real-time images of Unit 4 side of the station will be provided.

* Images will be unavailable for about an hour from 10:00 AM to 11:00 AM on August 1 due to the switching.

Title: Change of Fukuichi Live Camera Location at Fukushima Daiichi Nuclear Power Station
Source: Tokyo Electric Power Company
Date: July 31, 2012

[link to enenews.com]
 Quoting: Anonymous Coward 20898205


Thread: Tepco announces live web cam to be removed from location within hours at Fukushima Daiichi — New view near sludge storage facility planned
Children of the Atom

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07/31/2012 08:33 PM
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Re: BREAKING: Japan TEPCO utility gets $12.8 billion Fukushima bailout
SNIP:
"The Japanese operator of the nuclear power plant devastated in last year's disasters received a 1 trillion yen ($12.8 billion) bailout Tuesday, putting it under government ownership."

SNIP:
"A series of investigation reports, including one released earlier this month by a government-appointed panel, criticized cozy relationships among the government, regulators and TEPCO. The reports also blamed TEPCO for underestimating the tsunami risk faced by the Fukushima Dai-ichi plant despite a history of quakes in the region."

[link to www.kcby.com]

:number 4:

So now the japan government owns this Fukushima mess ?
 Quoting: Liquid_Pestilence


Yes, yes TEPCO, since you bungled this up so badly, let us cut you a $12.8B check to help 'ease' the worry you feel.

What a crock of shit. How about cutting the average guy a BREAK AND a $12.8B check!

Last Edited by Children of the Atom on 07/31/2012 08:33 PM
Anonymous Coward
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07/31/2012 09:04 PM
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Re: BREAKING: Japan TEPCO utility gets $12.8 billion Fukushima bailout
Big business and government are virtually indistigishable in Japan anyway.

The same kind of corporatist agenda that is underway in America (i.e., Obama making General Motors a government gig) is much more advanced in Japan.
Anonymous Coward
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07/31/2012 09:13 PM
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Re: BREAKING: Japan TEPCO utility gets $12.8 billion Fukushima bailout
Big business and government are virtually indistigishable in Japan anyway.

The same kind of corporatist agenda that is underway in America (i.e., Obama making General Motors a government gig) is much more advanced in Japan.
 Quoting: Anonymous Coward 1130777


Obama and GE
Anonymous Coward
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07/31/2012 09:16 PM
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Re: BREAKING: Japan TEPCO utility gets $12.8 billion Fukushima bailout
Big business and government are virtually indistigishable in Japan anyway.

The same kind of corporatist agenda that is underway in America (i.e., Obama making General Motors a government gig) is much more advanced in Japan.
 Quoting: Anonymous Coward 1130777


God bless us it makes me sick.
Anonymous Coward
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07/31/2012 09:57 PM
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Re: BREAKING: Japan TEPCO utility gets $12.8 billion Fukushima bailout
They can throw money at Fuk forever.

There is no technology to fix it.

NONE
Anonymous Coward
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07/31/2012 10:25 PM
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Re: BREAKING: Japan TEPCO utility gets $12.8 billion Fukushima bailout
Where is AB to debunk? chuckle
Anonymous Coward
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07/31/2012 10:28 PM
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Re: BREAKING: Japan TEPCO utility gets $12.8 billion Fukushima bailout
At ~12:00 in

Arnold Gundersen, Nuclear Engineer: At Reactor 2… the conclusion is that fine pieces of nuclear fuel have escaped the containment and are lying as a powder on the bottom of the torus room.
At ~14:00 in

Gundersen: The particles escaped the torus… that’s what’s fascinating… these are outside containment… it’s quite clear that the junction between the torus and the dry part of the containment failed.

At ~13:15 in

Arnold Gundersen, Nuclear Engineer: So I think they get to the point where they throw some concrete down on the top of it and come back in 300 years… This is not something I can figure out how one would clean up… 300, 400, 500 years.
 Quoting: Anonymous Coward 20898205


They can throw money at Fuk forever.

There is no technology to fix it.

NONE
 Quoting: Anonymous Coward 1504940


Thread: Fukushima: its effects on Japan & the global risks posed by the No. 4 reactor (Gundersen/Caldicott)
Anonymous Coward
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07/31/2012 10:33 PM
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Re: BREAKING: Japan TEPCO utility gets $12.8 billion Fukushima bailout
Fukuichi Live Camera currently installed near the Administration Office Building at Fukushima Daiichi Nuclear Station has been offering real-time images of mainly Unit 1 and 2 since May 31, 2011. In response to the request from viewers and considering the progress of the cover installation for fuel removal at Unit 4, the camera location will be moved to near the Waste Sludge Temporary Storage Facility (on Unit 4 side). Starting from 11:00 AM on August 1 (planned)*, real-time images of Unit 4 side of the station will be provided.

* Images will be unavailable for about an hour from 10:00 AM to 11:00 AM on August 1 due to the switching.

Title: Change of Fukuichi Live Camera Location at Fukushima Daiichi Nuclear Power Station
Source: Tokyo Electric Power Company
Date: July 31, 2012

[link to enenews.com]
 Quoting: Anonymous Coward 20898205


Thread: Tepco announces live web cam to be removed from location within hours at Fukushima Daiichi — New view near sludge storage facility planned
 Quoting: Anonymous Coward 20898205


wow, 12.8 billion bailout and they can't afford to run two cameras.
Anonymous Coward
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07/31/2012 11:08 PM
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Re: BREAKING: Japan TEPCO utility gets $12.8 billion Fukushima bailout
They should have taken ownership from the start and wound it up according to the numbers and their own statutes, this is another horrific example of corruption.

TEPCO was heavily leveraged to banks, absolutely enormous long-term loans (capital investment in nuclear plant). The government is attempting to repay those loans. "Too big to fail".

What should actually happen is the company should be wound up with all loans naturally defaulted on. But that doesn't happen in a banker-corrupted system.
Anonymous Coward
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08/01/2012 12:25 AM
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Re: BREAKING: Japan TEPCO utility gets $12.8 billion Fukushima bailout
@ Canada ...575,
there is not one Posting from me where
i said "There is no Melt-Down",
there is also not one Posting where i wrote
"There is no Contamination"!

There is also not one Posting from me
with the Message "There will be no harm
for anyone"!

And you can't turn this around.

All i am writing is that we need to be realistic,
nothing else!
 Quoting: the mighty Atom


Karma AB. Karma

Thread: "Stop Comparing Fukushima to Chernobyl"

[link to www.godlikeproductions.com]

[link to www.godlikeproductions.com]

[link to www.godlikeproductions.com]
 Quoting: Anonymous Coward 20898205
the mighty Atom

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08/01/2012 12:30 AM
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Re: BREAKING: Japan TEPCO utility gets $12.8 billion Fukushima bailout
Where is AB to debunk? chuckle
 Quoting: Anonymous Coward 20898205


Oh ho ho, you are funny, oh ho ho!

What many People here (Glp) don't see
is that Tepco is a Employer for afir 45.000 People
(Forty-Five Kg)

There would be no Benefit for anyone when
they get kick out and live a life as a unemployed!
G.Y.!B.E.
Liquid_Pestilence (OP)

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08/01/2012 01:02 AM
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Re: BREAKING: Japan TEPCO utility gets $12.8 billion Fukushima bailout
Where is AB to debunk? chuckle
 Quoting: Anonymous Coward 20898205


Oh ho ho, you are funny, oh ho ho!

What many People here (Glp) don't see
is that Tepco is a Employer for afir 45.000 People
(Forty-Five Kg)

There would be no Benefit for anyone when
they get kick out and live a life as a unemployed!
 Quoting: the mighty Atom


45,000 people aint nuttin compared to how many are going to be effected by this mess in the long run. It has been substantially documented time and time again how Tepco fucked this up by not taking the measures to protect there nuke plant from natural disasters.

Then we find out there covering there electronics with lead to lower the readings, are you fucking kidding me!!

TEPCO And the government of japan need to stop trying to save face and fucking do something about this shit. This has the potential to be a global killer, enough is enough already!
"Fear paints pictures of ghosts and hangs them in the gallery of ignorance." Robert Green Ingersoll
the mighty Atom

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08/01/2012 01:09 AM
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Re: BREAKING: Japan TEPCO utility gets $12.8 billion Fukushima bailout
@ you start to mix different Points,
this Faking of the Dosimeter happened
in a few cases, afaik one Sub-Employer
forced 8 Worker to do so, but in all this
Time there have been already more than
37.000 Sub-Employed Workers without any big Problems!

Last Edited by the mighty Atom on 08/01/2012 01:11 AM
G.Y.!B.E.
Anonymous Coward
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08/01/2012 01:23 AM
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Re: BREAKING: Japan TEPCO utility gets $12.8 billion Fukushima bailout
If they were bailed out using taxpayer money, then taxpayers should get free power. Ooops sorry, that would too fair. Charge them double I meant.
 Quoting: Anonymous Coward 10957384


Our power bills (Tepco) shot up just before the summer.
people are being robbed blind on every front by governments and corporations.
Anonymous Coward
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08/01/2012 01:25 AM
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Re: BREAKING: Japan TEPCO utility gets $12.8 billion Fukushima bailout
Where is AB to debunk? chuckle
 Quoting: Anonymous Coward 20898205


Oh ho ho, you are funny, oh ho ho!

What many People here (Glp) don't see
is that Tepco is a Employer for afir 45.000 People
(Forty-Five Kg)

There would be no Benefit for anyone when
they get kick out and live a life as a unemployed!
 Quoting: the mighty Atom


45,000 people aint nuttin compared to how many are going to be effected by this mess in the long run. It has been substantially documented time and time again how Tepco fucked this up by not taking the measures to protect there nuke plant from natural disasters.

Then we find out there covering there electronics with lead to lower the readings, are you fucking kidding me!!

TEPCO And the government of japan need to stop trying to save face and fucking do something about this shit. This has the potential to be a global killer, enough is enough already!
 Quoting: Liquid_Pestilence


your sorely mislead im afraid, dont get your info from conspiracy web sites.
Liquid_Pestilence (OP)

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08/01/2012 01:37 AM
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Re: BREAKING: Japan TEPCO utility gets $12.8 billion Fukushima bailout
Where is AB to debunk? chuckle
 Quoting: Anonymous Coward 20898205


Oh ho ho, you are funny, oh ho ho!

What many People here (Glp) don't see
is that Tepco is a Employer for afir 45.000 People
(Forty-Five Kg)

There would be no Benefit for anyone when
they get kick out and live a life as a unemployed!
 Quoting: the mighty Atom


45,000 people aint nuttin compared to how many are going to be effected by this mess in the long run. It has been substantially documented time and time again how Tepco fucked this up by not taking the measures to protect there nuke plant from natural disasters.

Then we find out there covering there electronics with lead to lower the readings, are you fucking kidding me!!

TEPCO And the government of japan need to stop trying to save face and fucking do something about this shit. This has the potential to be a global killer, enough is enough already!
 Quoting: Liquid_Pestilence


your sorely mislead im afraid, dont get your info from conspiracy web sites.
 Quoting: Anonymous Coward 21033131


So then could you please link me to the information where it states that the Japanese goverment and Tepco are doing an awesome job and the Fukushima Disaster is under control. All I have been reading on this side of the world is how fucked we are.
"Fear paints pictures of ghosts and hangs them in the gallery of ignorance." Robert Green Ingersoll
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08/01/2012 01:41 AM
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Re: BREAKING: Japan TEPCO utility gets $12.8 billion Fukushima bailout
"The Japanese government will strengthen cooperation with other countries to effectively develop and carry out strategies for nuclear safety, decommissioning and decontamination. It will set up a bilateral commission with each of the governments of the United States, the United Kingdom and other countries

The Japanese government hopes that this will facilitate smooth operation of the decommissioning of the Fukushima I nuclear power station

The Japanese government convened the first commission meeting with the U.S. on July 24 in Tokyo."

[link to enenews.com]
 Quoting: Anonymous Coward 20604160


Thread: Japan and US now working together to ‘decommission’ Fukushima Daiichi — First meeting was last week
Anonymous Coward
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08/01/2012 02:04 AM
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Re: BREAKING: Japan TEPCO utility gets $12.8 billion Fukushima bailout
cruise
citizenperth
FUKUSHIMA, GLPTARD 24/7/365

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08/01/2012 03:21 AM

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Re: BREAKING: Japan TEPCO utility gets $12.8 billion Fukushima bailout
so let me get this straight.. you contaminate countless people in other countries, and your own, through inept operations and get a gubernment (tax payer) bail out of that amount.. to provide less than your agreed contract?


where do we sign up... at the international court for war crimes?

Last Edited by Citizenperth on 08/01/2012 03:35 AM
It's life as we know it, but only just.
My Fukushima Site:
[link to citizenperth.wordpress.com]
sic ut vos es vos should exsisto , denego alius vicis facio vos change , exsisto youself , proprie

GLP's best Fuku thread: Thread: *** Fukushima *** and other nuclear-----updates and links
twitter: @citizenperth
krosty

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08/01/2012 03:30 AM
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Re: BREAKING: Japan TEPCO utility gets $12.8 billion Fukushima bailout
Bailout so they don't irratiate the entire world! Well that was what they could use it for but instead the CEO's will reap some bonuses.cool2
citizenperth
FUKUSHIMA, GLPTARD 24/7/365

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Australia
08/01/2012 03:36 AM

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Re: BREAKING: Japan TEPCO utility gets $12.8 billion Fukushima bailout
Bailout so they don't irratiate the entire world! Well that was what they could use it for but instead the CEO's will reap some bonuses.cool2
 Quoting: krosty


too late... the deed is done, and continues....
It's life as we know it, but only just.
My Fukushima Site:
[link to citizenperth.wordpress.com]
sic ut vos es vos should exsisto , denego alius vicis facio vos change , exsisto youself , proprie

GLP's best Fuku thread: Thread: *** Fukushima *** and other nuclear-----updates and links
twitter: @citizenperth
Anonymous Coward
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08/01/2012 08:47 AM
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Re: BREAKING: Japan TEPCO utility gets $12.8 billion Fukushima bailout
bump