ALERTS!!!!

“The number of children and grandchildren with cancer in their bones, with leukemia in their blood, or with poison in their lungs might seem statistically small to some, in comparison with natural health hazards. But this is not a natural health hazard—and it is not a statistical issue. The loss of even one human life, or the malformation of even one baby—who may be born long after we are gone—should be of concern to us all. Our children and grandchildren are not merely statistics toward which we can be indifferent.”

John F. Kennedy, July 26th, 1963

Wednesday, December 4, 2013

TEPCO planning to restart all Kashiwazaki-Kariwa nuclear reactors by 2016

TEPCO planning to restart all Kashiwazaki-Kariwa nuclear reactors by 2016

Aside from being the operator of the disaster-stricken Fukushima nuclear power plant, Tokyo Electric Power Co. (TEPCO) is also the operator of the world’s largest nuclear power facility at Kashiwazaki-Kariwa. Recently, TEPCO and the Nuclear Damage Liability Facilitation Fund (NDF) have decided to outline a comprehensive special business plan in which the beleaguered utility will be able to restart all of the seven reactors at its Kashiwazaki-Kariwa Nuclear Power Plant by around fiscal 2016 to improve its earnings.
Under the newly revised business plan, TEPCO will issue corporate bonds to stabilize its cash flow. If there are prospects for the restoration of the utility’s finances and if the NDF makes profits from selling its holdings of TEPCO shares, the fund will consider setting aside an amount to reduce TEPCO’s debts. Nevertheless, there is still no guarantee that the rehabilitation scenario – including the early restart of the reactors at Kashiwazaki-Kariwa – will be executed as planned. ...
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