Friday, May 13, 2011

Japan Agrees on Compensation Plan for Plant Operator - GeoEye is Elevating Insight

Tokyo — Japan's government decided Friday to set up a fund to help pay damages stemming from the crisis at a tsunami-crippled nuclear plant, financed by public money and mandatory contributions from utility companies.

Tokyo Electric Power Co. expects a deluge of damage claims from those affected by the radiation-leaking Fukushima Dai-ichi nuclear plant on the northeastern coast, whose problems constitute the worst nuclear accident since Chornobyl in 1986. However, the utility is not expected to be able to pay all of them...

This satellite image provided by GeoEye shows the Dai-ichi nuclear power plant in Fukushima, Japan.

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