Fukushima Disaster Costs Soar
New estimates have been released for the expected costs for the Fukushima disaster.
These costs are broken down by the various recovery efforts and agencies in charge of administering them.
Compensation costs: 8 trillion yen up from 5.4 trillion yen in 2013
Decontamination: 4 to 5 trillion yen up from 2.4 trillion yen in 2013
Interim Storage Facility: Cost remained steady at 1.1 trillion yen as in 2013
Daiichi Clean Up: “Hundreds of billion of yen” up from 80 billion yen in 2013
Total Costs: 20 trillion yen ($176 billion) up from 11 trillion yen in 2013
These estimates could increase further as they solidify plans for decommissioning the Fukushima Daiichi disaster site. Compensation costs could also increase if plans to terminate compensation are reversed or other long term compensation is established to reflect the permanent damage from the disaster.
Image credit: AP
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