NRC Chairwoman Macfarlane and NRA Chairman Tanaka, Japan, Dec. 2012.As reported by the Washington Post, Japanese Prime Minister Shizo Abe has pledged a mere $500 million towards stabilizing the leakage of highly radioactive water into the ground and ocean at the wrecked Fukushima Daiichi nuclear power plant site.
Critics regard such a small amount as "chicken feed" or "chump change."
As pointed out by Fairewinds Associates, Inc.'s Chief Engineer, Arnie Gundersen, "clean-up" and decommissioning of the Fukushima Daiichi site itself will likely cost around $100 billion, while "clean-up" of contaminated regions of Fukushima Prefecture and adjacent prefectures could easily cost an additional $400 billion. So, Abe's pledge of half a billion dollars is very small, compared to that half a trillion dollar price tag!
As the article reports:
'...Last month, Tepco admitted that one storage drum had sprung a leak. Spiking radiation levels around the tanks have raised fears that others could be leaking as well. But it is hard to tell: Water levels in the tanks have not been measured on a regular basis, said Shunichi Tanaka, chairman of the Nuclear Regulation Authority, at a news conference Monday.
“We believe that management of and monitoring of tanks represents a serious problem,” Tanaka said, adding that regulators have given Tepco “strict instructions” to strengthen its oversight...'.
Tanaka (pictured, above left with U.S. NRC Chairman Allison Macfarlane exchanging documents after a signing ceremony with her counterpart at the newly established Japan Nuclear Regulation Authority in Japan in December, 2012; the documents established, among other activities, a joint steering committee between the two regulatory agencies) recently compared the situation at Fukushima Daiichi to a "house of horrors."