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Nadia Prupis – Public Cost of Fukushima Cleanup Tops $628 Billion and Is Expected to Climb

The public cost of cleaning up the 2011 Fukushima Daiichi nuclear plant disaster topped ¥4.2 trillion (roughly $628 billion) as of March, and is expected to keep climbing, the Japan Times reported on Sunday.

That includes costs for radioactive decontamination and compensation payments. Tokyo Electric Power Company (TEPCO) will sell off its shares to eventually pay back the cost of decontamination and waste disposal, but the Environment Ministry expects that the overall price of those activities could exceed what TEPCO would get for its shares.

Meanwhile, the taxpayer burden is expected to increase and TEPCO is asking for additional help from the government.

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