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The Yomiuri Shimbun
Farmers and businesses near the troubled Fukushima No. 1 nuclear power plant will face huge losses caused by radiation leaks from the power station, and the government will likely be shelling out a significant amount to compensate them for damages incurred.
Sources said the government could pay between 120 billion yen and 240 billion yen based on the Compensation for Nuclear Damages Law, which stipulates the accountability of nuclear power plant operators when accidents occur. The government would also likely have to shoulder any portion Tokyo Electric Power Co.--the plant's operator--was financially incapable of paying.
The law stipulates a nuclear plant operator should, in principle, pay for damages caused by a nuclear accident at their plants.
<snip> Despite the government's desire for TEPCO to shoulder its share of the burden, some in the ruling Democratic Party of Japan have insisted the law's exception should apply to this disaster, and have urged the government to pay for all the damages.
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Sounds like good old BP Cares all over again doesn't it?
:grr: :argh:
:dem:
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