Author Archives: Matt

$17.6 billion — better for Tohoku or better for US government?

The Treasury Department says Japan, the second-largest foreign holder, boosted its holdings by $17.6 billion to $907.9 billion. There had been concerns that the March 11 earthquake and tsunami would lead Japan to scale back its purchases so it could … Continue reading

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Japan risks nuclear disaster for consumer convenience – CSMonitor.com

The ultimate solution to relying on foolish technology is to rein in our energy consumption. Regrettably, humans appear to be foolish and greedy beings. However, if we are to hand our living Earth over to our children and grandchildren, we … Continue reading

Posted in economics, Japan, nuclear power | 1 Comment

Japan Stumbles Toward Honest Socialism – WSJ.com

… what is new is that at long last a public debate is breaking out over exactly what form the socialization of a corporate risk like Tepco should take. This is happening largely by accident. The Democratic Party of Japan … Continue reading

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Scientists Will Track Fukushima Radiation To Study Ocean Currents – Forbes

Oceanographers know that the Kuroshio current sweeps west from Japan to the Central Pacific and then toward the U.S. West Coast, but they’re less certain how it behaves after it branches toward Alaska and California. Radiation still leaking into the … Continue reading

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Japanese Officials Ignored or Concealed Dangers – NYTimes.com

The nuclear power plant, lawyers argued, could not withstand the kind of major earthquake that new seismic research now suggested was likely. If such a quake struck, electrical power could fail, along with backup generators, crippling the cooling system, the … Continue reading

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asahi.com:EDITORIAL: TEPCO desperately needs a plan B – English

Under TEPCOs blueprint for bringing the crisis under control, the principal means to cool the reactors to a cold shutdown state is flooding the fuel with water. Engineers involved in responding to the disaster considered other approaches but did not … Continue reading

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What’s up with Kan telling Chubu Electric what to do?

Prime Minister Kan, who announced the decision at a hastily called news conference Friday, acknowledged that the government’s request for the utility to suspend the plant’s reactors lacks any legal basis. According to a government source, the prime minister decided … Continue reading

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Japan Watching Yen; No Intervention Threats Yet – WSJ.com

He added Japan wouldn’t take action unless the benchmark Nikkei stock average were to fall below 9,000 or the dollar were to dip below Y75. The Nikkei closed down 145.00 points on Friday at 9859.20. Full article here: Japan Watching Yen; … Continue reading

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Japan radiation monitoring goes crowd, open source | Crave – CNET

A new open and crowdsourced initiative to deploy more geiger counters all over Japan looks to be a go. Safecast, formerly RDTN.org, recently met and exceeded its $33,000 fund-raising goal on Kickstarter, which should help Safecast send between 100 and … Continue reading

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asahi.com:Fewer workers willing to brave radiation risk at crippled Fukushima plant

As critical repairs continue at the crippled Fukushima No. 1 nuclear power plant, its operator is finding it difficult to find people willing to work at the plant. The tally of workers at the plant as of May 3 was … Continue reading

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