Fukushima – The Elephant in the Room


The crisis at the Fukushima Daichi plant rages on with no resolution in sight and a cold shutdown now projected to be years away. Until last week there was an apparent media blackout on the crisis, although some Americans, this writer included, have followed the status of the reactors daily at Energy News andFairewinds, the website of nuclear energy expert, Arnie Gundersen.   The Fukushima reactors were built by General Electric, which also owns Comcast, NBC, CNBC and MSNBC, so the absence of timely information is not surprising.   One article early on in the crisis suggested that the reinsurance on Fukushima was held in part by AIG and Warren Buffet’s Berkshire Hathaway, a supposition I cannot substantiate, but that may be true.   There is no doubt that we live in a time when corporate profits trump human safety and well-being, and we are seeing that manifest in this current crisis.

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