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Japan radiation dump drives TEPCO shares down
AFP April 5, 2011, 12:59 pm
TOKYO (AFP) - Shares in the operator of Japan's crippled nuclear plant plunged Tuesday after Tokyo Electric Power Co. started pumping radioactive water into the sea as part of emergency operations.
The embattled utility's share price fell to 376 yen at one stage -- below TEPCO's all-time closing low of 393 yen, with no quick end in sight to the Fukushima nuclear plant disaster, the world's worst since Chernobyl in 1986.
"A couple of weeks ago, the company said all they have to do is to cool the reactors, but the situation doesn't seem to be improving," said one trader. Related article: TEPCO shares hit record low
"Compensation to be paid will likely balloon with this contaminated water release," said the trader at a Japanese brokerage.
Originally posted by Procharmo
Originally posted by ltinycdancerg
reply to post by Hellhound604
Hmm, interesting point...
All this time, and all those prophecies about 'Nuclear war'/End-Time War/WW3/etc...
Not quite the Nuclear War we all had in mind, but...
Like both myself and others have said. The global fallout level will "not have an immediate health impact" but.......
as more and more reactors are built and older existing reactor get licence extensions the probability for accidents increases.
As the accidents occur closer chronologically the global background levels increase and the number of locations away from higher localized levels will diminish.
Currently the West, Russia and Asia have the most reactors. Pretty soon the only non DNA contaminated people will be in central Africa away from the coast line and far from the two single African reactors in South Africa and Libya.
Possibly it'll all end were it all started in the Congo....LOL!!!!!edit on 5-4-2011 by Procharmo because: spelling , grammar
Title: U. S. Military and Corporate Recolonization of the Congo
Source: CovertAction Quarterly
Date: Summer 2000
Title: U. S. Military and Corporate Recolonization of the Congo
Author: Ellen Ray
Faculty evaluator: Philip Beard,
Student researchers: Arinze Anoruo, Chris Salvano
Western multinational corporations’ attempts to cash in on the wealth of Congo’s resources have resulted in what many have called “Africa’s first world war,” claiming the lives of over 3 million people. The Democratic Republic of Congo (DRC) has been labeled “the richest patch of earth on the planet.” The valuable abundance of minerals and resources in the DRC has made it the target of attacks from U.S.-supported neighboring African countries Uganda and Rwanda.
The DRC holds 80% of the world’s coltan reserves, more than 60% of the world’s cobalt and is the world’s largest supplier of high-grade copper. With these minerals playing a major part in maintaining US military dominance and economic growth, minerals in the Congo are deemed vital US interests.
Historically, the U.S. government identified sources of materials in Third World countries, and then encouraged U.S. corporations to invest in and facilitate their production. Dating back to the mid-1960s, the U.S. government literally installed the dictatorship of Mobutu Sese Seko, which gave U.S. corporations access to the Congo’s minerals for more than 30 years. However, over the years Mobutu began to limit access by Western corporations, and to control the distribution of resources. In 1998, U.S. military-trained leaders of Rwanda and Uganda invaded the mineral-rich areas of the Congo. The invaders installed illegal colonial-style governments which continue to receive millions of dollars in arms and military training from the United States. Our government and a $5 million Citibank loan maintains the rebel presence in the Congo. Their control of mineral rich areas allows western corporations, such as American Mineral Fields, to illegally mine. Rwandan and Ugandan control over this area is beneficial for both governments and for the corporations that continue to exploit the Congo’s natural wealth.
American Mineral Fields (AMF) landed exclusive exploration rights to an estimated 1.4 million tons of copper and 270,000 tons of cobalt. San Francisco based engineering firm Bechtel Inc. established strong ties in the rebel zones as well. Bechtel drew up an inventory of the Congo’s mineral resources free of charge, and also paid for NASA satellite studies of the country for infared maps of its minerals. Bechtel estimates that the DRC’s mineral ores alone are worth $157 billion dollars. Through coltan production, the Rwandans and their allies are bringing in $20 million revenue a month. Rwanda’s diamond exports went from 166 carats in 1998 to 30,500 in 2000. Uganda’s diamond exports jumped from approximately 1,500 carats to about 11,300. The final destination for many of these minerals is the U.S.
UPDATE BY AUTHOR DENA MONTAGUE: Nearly four million people dead in four years of war in the Democratic Republic of Congo (DRC), and the world remains silent in the face of an abominable atrocity. The war in the DRC is not only significant because of its infamous status as the world’s deadliest war; but also because of the active participation of an international contingent of multinational corporations, terrorist networks, arms brokers, and governments all clamoring for the legendary wealth of the Congo while exacerbating the war.
Since the earthquake hit Japan causing colossal damage, a tsunami, and ultimately a nuclear meltdown, a number of Americans are rushing to purchase doomsday bunkers.
But they aren’t just turning to the standard fallout shelter basement style. Rather, they are snapping up sweet bunkers within a luxury fallout complex located in rural Nebraska.
Yes, the fallout complex is designed for 950 people and is so nice, it's probably cooler than most typical apartments. And, as an added bonus, it can withstand a 50 megatron blast! Excellent.
Vivos, the California-based company which sells the bunkers, is taking $5,000 deposits plus $25,000 to secure the place.
The company states that applications have soared 1,000 percent since the disaster in Japan.
In case of emergency, the luxury fallout shelter will feature four levels of residential suites, a dental and medical center, kitchens, pet kennels, a bakery, a prayer room, a prison, and last but not least, a fully stocked wine cellar.
"People are afraid of the earth-changing events and ripple effects of the earthquake, which led to tsunamis, the nuclear meltdown, and which will lead to radiation and health concerns," said V
It is ascertained that the result of nuclide analysis of
tellurium 129 (half life : about 70 minutes) conducted on March 30th, for
water puddle collected near the trench and ground water collected near
the turbine building are doubtful.
We were severely warned orally by Nuclear and Industrial Safety Agency
(NISA) for this matter.
We seriously take NISA's severely warn and endeavor to conduct proper
assessment for nuclide analysis.
Originally posted by MissTiger
Update on liquid glass injection.
The operator of the crisis-hit Fukushima nuclear plant has injected a hardening agent beneath a leaking concrete pit in a bid to stem the flow of highly radioactive water into the sea. The firm says the leakage seems to be decreasing, following the infusion of the hardening agent. The utility showed reporters a photo of the leak on Tuesday evening, saying it indicates such a decrease. TEPCO said it will infuse another 1,500 liters of liquid glass. Tokyo Electric Power Company started infusing liquid glass into gravel below the pit near the Number 2 reactor at 3 PM on Tuesday.
I still don't think that looks like a crack in the wall and they probably just put less water in somewhere else to stop it flowing out so fast.edit on 5/4/11 by MissTiger because: (no reason given)
Originally posted by zenzen Perhaps I've missed it but I can't see how the discussion of the movement of these pipes is of significance to this thread.
Yes, you did miss it. It's significant because the pictures are supposed to be from the same day, same set of pics taken, yet these show *something* big happened between these photos being taken.
Please do read the whole thread or at least the last 20 pages before you criticize the worthiness of others' posts or their significance. For someone who has rarely contributed to the thread, it's not up to you to say what's worthy of being posted or not.
Just wait, the Japanese government will come out with an announcement that whale meat is still fine to eat.
Originally posted by LilFox
Maybe the whale populations will recover if they are unable to be eaten.
TOKYO (AFP) - Japan on Tuesday imposed a legal limit for radioactive iodine in fish, as the operator of the stricken Fukushima nuclear plant pumped toxic water into the Pacific Ocean for a second day.
The government also said it would look at widening its testing to cover a larger area after raised levels of radioactive iodine were discovered in a small fish caught off Ibaraki prefecture, south of the plant.
The move came as shares in Tokyo Electric Power Co. plunged to a new low of 362 yen -- their lowest ever level -- amid concerns the operator of Japan's crippled nuclear plant will face huge compensation bills. Related article: TEPCO shares hit record low
The embattled company has lost more than 80 percent of its value since the March 11 quake and tsunami knocked out reactor cooling systems at the Fukushima nuclear plant, triggering explosions and releasing radiation.
On Monday, its operators began releasing low-level radioactive water into the sea to free up urgently needed safe storage space for water so toxic that it is halting crucial repair work.
The company has said it needs to dump 11,500 tonnes, or more than four Olympic pools' worth, of the radioactive liquid, raising concerns about marine life in the island nation, where seafood is a key source of protein. Related article: Saving lives, Japanese firefighter gave his own
Some radioactive runoff has already leaked into the Pacific Ocean, raising levels of iodine-131 to over 4,000 times the legal limit in one measurement.
On Tuesday, government chief spokesman Yukio Edano announced a legal limit of 2,000 becquerels per kilogram for radioactive iodine in seafood, the first time it has imposed such a restriction on fish.
"As there is no limit set for radioactive iodine in fish, the government has decided to temporarily adopt the same limit as for vegetables," he told a press conference.
The move came after radioactive iodine of more than double that concentration was detected in a variety of small fish known as konago, or sand lance, caught off Ibaraki prefecture, south of the plant.
Fishing of the species was stopped locally, media reports said, but no wider ban was issued.
Radioactive iodine above legal limits has been detected in vegetables, dairy products and mushrooms, triggering shipping bans, but officials had said seafood was less at risk because ocean currents and tides dilute the dangerous isotopes.
Fishermen in the area expressed outrage over the decision to dump radioactive water into the ocean, saying they had not been consulted.
"We were notified... Can you believe it?" said Yoshihiro Niizuma of the Fukushima Fisheries cooperative. "We heard radioactive material was leaking into the sea. Now they are dumping contaminated water on purpose."
Seoul also questioned the decision to pump radioactive water into the ocean, saying the proximity of the two neighbours made Japan's action "a pressing issue" for South Korea.
Readings from samples taken Saturday in the concrete pit outside the turbine building of the plant's No. 2 reactor -- one of six at the crisis-plagued plant -- had radiation 7.5 million times the legal limits, said an official with the Tokyo Electric Power Company, which runs the plant. Newer findings, from Tuesday afternoon, showed a sizable drop to 5 million times the norm.
The utility company also noted Tuesday that the radiation levels diminished sharply a few dozen meters from the leak, consistent with their assessment that the spill might have a minimal effect on sea life. But even in these spots, radiation levels remained several hundred-thousand times the legal limit.
The Japanese newspaper Mainichi Shimbun stated that Tepco told the Japanese government already last Monday that securing the Fukushima Plant would probably not be possible and it would be best to let the workers leave the facility. According to the paper, Premier Naoto Kan responded saying that the latter was not an option and thus in effect signed the Fukushima 50′s death certificates. The paper says the information is very reliable and comes from a high ranking Tepco official.
TOKYO – News has come to light that the Japanese power company Tepco may have been careless with its employees.
German journalist Robert Hetkämper stated that for the past several years Tepco has been using homeless, un-educated, under-aged and migrant workers at their Fukushima plant. Hetkämper says that doctors have confirmed his findings and told the reporter that Tepco referred to its employees as ‘throw-away-staff’.
According to Hetkämper, once the doctors determined that employees had been exposed to too much radiation, the workers would simply be fired and new ones would be hired to take their place.
Tepco denies the allegation despite having a shady track record of integrity and honesty.
Furthermore, 33 safety violations were detected just days before the massive earthquake struck the plant.
According to experts who headed the investigation the plant lacked emergency power generators, pumps and other parts of the cooling system that proved faulty after the Tsunami destroyed the plant causing overheating and radioactive steam to be released into the air.
The operator of the plant says it needs to dump the radioactive water so that some of the more highly contaminated waste can be stored safely at the plant site.
But conservation groups say the plant operator, TEPCO (Tokyo Electric Power Corporation), is exploiting a legal loophole to avoid internationally agreed treaties which prevent ocean dumping.
ADRIENNE FRANCIS: The organisation's Damon Moglen has been working on nuclear issues for 25 years.
He says dumping radioactive waste at sea is forbidden under an international treaty called the London Convention. Japan, the US and Australia are all signatories to the treaty, but he says it doesn't cover release of radioactive material from land.
DAMON MOGLEN: This is really a landmark international agreement and yet, in this case, the Japanese government and industry are using a loophole which says that, while you can't dump nuclear waste directly into the ocean in barrels, for example, you can actually pump it into the ocean from land based sources.
Originally posted by Vitchilo
Ibaraki-ken is South of the Fukushima prefecture. About 200 km... They should test all fishes... but they'll never do that.