March 11

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Tokyo Offers to Help Compensate Nuclear Victims

Tokyo Electric Power Company’s stock rose 25% after Japan’s cabinet announced it approved a plan to help the nation’s largest utility avoid bankruptcy and pay a huge compensation bill to victims of the Fukushima Daiichi nuclear power plant crippled in the March 11 tsunami.

For the last three months, the future of TEPCO, which …

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Fukushima: New Report Suggests Fuel Burned Through Vessels

Summer has arrived in Japan. The pink cherry blossoms that offered some aesthetic respite from the destruction in the weeks after March 11 are long gone, and the heat —and all of the attendant challenges of living long-term with a nuclear disaster — have arrived. In Tokyo, where the mayor has set an ambitious energy reduction goal of …

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IAEA: Japan Underestimated Risk to Nuclear Facility

The IAEA has released a preliminary report of its review of Japan’s handling of its nuclear crisis, concluding that regulators and Tokyo Electric Power Company (TEPCO) underestimated the risk a severe tsunami posed to the Fukushima Daiichi nuclear power plant. The UN agency also noted that the plant’s backup power systems were not …