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The Fourth Industrial Revolution in Japan Public Financial Burden of the Fukushima Nuclear Accident

Accident Cleanup Costs May Rise to 50-70 Trillion Yen

--It's Time to Examine legal liquidation of TEPCO
--Higher Transparency is Needed for the Reasons to Maintaining Nuclear Power

 

2017/03/07

In December 20 2016, the Committee for Reforming Tokyo Electric Power Co (TEPCO) and Overcoming 1F Challenges (TEPCO Committee) at the Ministry of Economy, Trade and Industry announced that new calculations indicated that the cost of the cleanup of the accident at the Fukushima Daiichi Nuclear Power Plant would increase up to 22 trillion yen from previous estimate of 11 trillion yen, and that the government’s course of action would be to put a surcharge on electricity tariffs. However, JCER calculations suggest that the final cleanup cost could swell to nearly 70 trillion yen. To retain nuclear power in a situation where there is no shortage of power and when nuclear power does not seem to be the cheapest source of energy necessitates a change in the skeptical attitudes of more than half the nation. As a prerequisite for the public financial burden, clarifying the responsibility of the stakeholder organizations including the legal liquidation of TEPCO, a higher degree of transparency around the importance of nuclear power as a source of energy, and responsible countermeasures to severe accidents are vital. The government’s current goal is to supply around 22% of power through nuclear energy by FY2030, but unless trust is won back, the chances are high that it will end in a fiasco.

2020/04/02

Urgent Policy Proposals

Priority should be given to fighting the virus,not stimulating the economy
-- Direct spending of 11tn yen to protect livelihoods, businesses
-- Action plans based on prolonged infection are essential

主査:Kazumasa IWATA

2019/07/03

Accident Cleanup Costs Rising to 35-80 Trillion Yen in 40 Years

Considering the postponing of decommissioning with “Confinement-managing” scenario as a possible option
Urgent need for measures to manage contaminated water

Public Financial Burden of the Fukushima Nuclear Accident

2018/08/28

In fiscal 2018, we will revise our long-term macroeconomic forecasts to 2060.

2018/03/13

Productivity has not been growing in tandem with increasing PhDs in Japan

- Problem may be rooted in university education or business misapplication
- As imported technology stalls, "self-sufficiency" remains the rule in Japan

Does Japanese research and development contribute to economic growth?

2018/01/12

CO2 Emissions Reduction of 70% by 2050 is Possible with the Introduction of an Environmental Tax

- Making the Environment Protection Compatible with Economic Growth is Possible with Structural Economic Reforms
- Tax Revenues of ¥12 Trillion would be needed if fossil fuel prices remain unchanged

2017/09/05

Japan’s Non-Manufacturing Sector Must Seek to Utilize AI & IoT Technologies

-- Breaking Away from Existing Operations is Crucial

Moving to an information-oriented society

2017/03/07

Accident Cleanup Costs May Rise to 50-70 Trillion Yen

--It's Time to Examine legal liquidation of TEPCO
--Higher Transparency is Needed for the Reasons to Maintaining Nuclear Power

Public Financial Burden of the Fukushima Nuclear Accident