Bloomberg: Fukushima Radiated Water May Overflow Trenches in Five Days (via Japan Earthquake & Related Info)

This web site covers the Fukushima crisis on a daily basis. If you have any interest in this situation I recommend you subscribe. I do.

James Pilant

http://www.businessweek.com/news/2011-06-02/fukushima-radiated-water-may-overflow-trenches-in-five-days.htmlRead More

via Japan Earthquake & Related Info

Tepco head quits after $15bn loss (via moneyblogforexblog)

Accountability, how strange. I have doubts that such a poor performance would always cost the job of an American CEO. We have learned to insulate our governing and corporate classes from the petty pain of suffering for their actions.

The president of Tepco, which operates the crippled Fukushima nuclear power plant, resigns as the firm reports a $15bn loss.ge finance business intelligence … Read More

Here’s a news story about the resignation.

Here’s another take on the issue, discussing whether or not the company can continue.

Reliable News about the Fukushima disaster (via Upgrade the Lighting)

I fully agree with the author. Fairewinds has been the best source of information about the disaster that I have been able to find. I am a subscriber to the site and I recommend you sign up as well. It’s intelligent and full of information usually backed up by photography and films. I visit regularly.

James Pilant

Reliable News about the Fukushima disaster Reliable sources of information regarding what is going on at Fukushima have been difficult for me to find. I am appalled at the lack of focused attention this situation is receiving in the lamestream media.  TEPCO seems more interested in protecting itself than the Japanese people or the rest of the world.  Their official information may be supplying bits and pieces of the truth to the public, but  I don’t trust their analysis  of those facts. I … Read More

via Upgrade the Lighting

Nuclear Collapse Looms? Fukushima Reactor No. 4 “Leaning” (via RT)

What are the business ethics problems revealed in this particular news article? First we have a with holding from the residents of critical information about their exposure to radiation. Second, we have worker safety issues on a very large scale. Workers have already died at the site. Third, we have a continuous underestimate of the radiation being released. It seems every time, TEPCO gives the public radiation numbers, it is later discovered to be too low.

It seems that the Japanese government and the utility, TEPCO, are in full damage control mode. They now hold one press conference a week. They invite only establishment press. They limit access to the site, not so much for safety’s sake but to prevent independent coverage.

As a business ethics disaster, these events will be featured in textbooks for generations.

James Pilant

Radioactive strontium detected at Fukushima plant (via )

The more kinds of radioactive material can be reasonably assumed to mean more leakage from the plant. Fortunately strontium is bad but not as bad as many other nuclear deposits.

James Pilant

Radioactive strontium detected at Fukushima plant Japan Broadcasting Corporation Tokyo Electric Power Company has detected high levels of radioactive strontium in soil inside the compound of the crippled Fukushima Daiichi nuclear power plant. Strontium can cause cancer and like calcium it tends to collect in bones once humans inhale it. Up to 570 becquerels of strontium 90 per kilogram of dry soil were detected in samples from 3 locations. They were taken on April 18, about 500 meters from the N … Read More

via

Deadly Silence on Fukushima (via Udolicko’s Blog)

This post discusses the defacto censorship by the Japanese government and TEPCO, the Japanese utility that owns the plants. There are also charges that dangerous levels of plutonium exist around the plant. Since No. 4 reactor ran hotter than any of the other nuclear plants because it was using a hybrid fuel of regular uranium and plutonium, it would only stand to reason that there must be some contamination.

There are also fairly lengthy discussions of Chernobyl, independent journalism and government censorship. It’s lengthy but it has to be to provide so much information.

James Pilant

Deadly Silence on Fukushima I received the following email a few days ago from a Russian nuclear physicist friend who is an expert on the kinds of gases being released at Fukushima. Here is what he wrote: “About Japan: the problem is that the reactor uses “dirty” fuel. It is a combination of plutonium and uranium (MOX). I suspect that the old fuel rods have bean spread out due to the explosion and the surrounding area is contaminated with plutonium which mean … Read More

via Udolicko’s Blog

New fire at Fukushima..pools run dry? (via Follow The Money)

It appears that Fukushima will be generating stories for some time. It seems our old favorite No. 4 reactor is trying out a new crisis on the world.

One of the more interesting parts of the story is that the Japanese government has decided that children living near the plant can have the same exposure as a nuclear plant worker. That’s right, the local children are in the same boat as nuclear workers when it comes to radiation exposure.

Time marches on and as the disaster becomes more and more boring to the public, it slips away from view. But radiation and nuclear disaster don’t depend on publicity to function.

James Pilant

New fire at Fukushima..pools run dry? From March 15 http://www.nytimes.com/2011/03/16/world/asia/16fuel.html?_r=1 Even as workers race to prevent the radioactive cores of the damaged nuclear reactors in Japan from melting down, concerns are growing that nearby pools holding spent fuel rods could pose an even greater danger. The pools, which sit on the top level of the reactor buildings and keep spent fuel submerged in water, have lost their cooling systems and the Japanese have been … Read More

via Follow The Money

The True Battle of Chernobyl Uncensored (92 min) (via Picasso Dreams)

This documentary is chilling look at the Chernobyl disaster with all the benefits of hindsight. I was familiar with the original coverage – this is way beyond this. Fron just a serious nuclear incident in the popular press, this documentary shows you a cataclysm that Gorbachav explains was one of the causes of the collapse of the Soviet Union.

Please watch it!

James Pilant

You can get this video at –

US power company abandons reactor construction (via hisatomijapan)

I am utterly astonished. I can’t figure this one out. The government is in the industry’s pocket. The American press really isn’t interested. The American public is opposed but if you have lived here any length of time, you know how little public opinion means. So, a utility is giving up builing a plant with loan guarantees from the federal government and indemnification if there were a crisis or future meltdown? I don’t get it.

Did some official in the company decided to exercise some judgment? Did somebody grow a backbone? Or did someone take out a calculator and figure out how much the building costs would increase if all the cures for the safety problems at the Fukushima plant were incorporated into the new plant’s design?

James Pilant