Fukushima – Total Cost Arine Gundersen


Arnie Gundersen of Fairwinds Associates (a leading nuclear expert) and Warren Pollock (http://www.wepollock.com) redefine the Fukushima nuclear incidents (meltdowns and explosions) in terms of human and total cost. Its easy to look at the details of a highly complex speciality, but it has been hard to quantify the cost and risk of nuclear power up to now! We talk about the rate of failure of nuclear being so high that were that rate applied to aviation there would be no air travel. Nuclear is different in that you have no choice in trading risk for travel, or in this case risk for energy. During 9-11 human value in the western world was quantified in an actuarial model which put each person at a value of $1.8 million dollars. Gundersen explains that up to 1 Million people will be damaged by this incident which puts the total damage well into the trillions of dollars. The full cost of nuclear power has to consider human cost and costs of contamination to the environment. We clarify some important issues regarding radiation and particulate matter.

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One Response to Fukushima – Total Cost Arine Gundersen

  1. CaptD says:

    What will determine the total cost of this “Trillion Dollar” Eco-Disast­er?

    Please feel free to add your comments and or estimates to this list:
     Decommissi­oning costs
     Loss to all other radioactiv­e decontamin­ation caused by this Disaster.
     Loss of revenues by Tepco
     Loss to TEPCO’s share holders caused by radioactiv­ity
     Loss of Japanese personal income caused by radioactiv­ity
     Loss to Japanese businesses caused by radioactiv­ity
     Loss of all Japanese health costs related to radioactiv­ity
     Loss due to unusable Japanese Land related to radioactiv­ity
     Loss due to Japanese housing caused by radioactiv­ity
     Loss of Japanese Property Values caused by radioactiv­ity
     Loss of fishing grounds caused by radioactiv­ity
     Loss of manufactur­ing caused by radioactiv­ity
     Loss to the value of the Yen caused by radioactiv­ity
     Loss to other Utilities caused by Fukushima’­s radioactiv­ity
     Loss to Japans credit rating caused by Fukushima’­s radioactiv­ity
     Loss to the Japanese peoples Lives because of radiation

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