Japan To Turn TEPCO Into Holding Company, May Join International Nuclear Liability Treaty

The Japanese government has announced they will turn TEPCO into a holding company. This would shift the decommissioning work into its own entity. The government would also increase involvement in the new decommissioning authority while TEPCO would still have some ownership. It is not clear how this would impact the potential restart of Kashiwazaki Kariwa after the NRA tied any restart to proving TEPCO could handle the work at Fukushima with competence. It is also not clear if this new entity would continue to expect TEPCO to pay liability costs out of the profits of these other divisions.

Japan is also is considering joining an international treaty on nuclear liability suggested by the US. It is not known if this treaty would include the current disaster at Fukushima Daiichi or just cover any future nuclear disaster.

This article would not be possible without the extensive efforts of the SimplyInfo research team
Join the conversation at chat.simplyinfo.org

© 2011-2023 SimplyInfo.org, Fukuleaks.org All Rights Reserved Content cited, quoted etc. from other sources is under the respective rights of that content owner. If you are viewing this page on any website other than http://www.simplyinfo.org (or http://www.fukuleaks.org) it may be plagiarized, please let us know. If you wish to reproduce any of our content in full or in more than a phrase or quote, please contact us first to obtain permission.