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Liability Insurance Lost For All Nuclear Plants In Japan, Insurance Inadequate In US, Journalist Files Lawsuit Against Japan Secrecy Law, Government Plus Fascist Nuclear Industry Controls/Censors Mass Media, Fukushima Workers

TEPCO has lost all insurance coverage for all nuclear plants in Japan as of 2012. The insurance providers are NOT renewing the insurance coverage for nuclear plants, for GOOD REASON. No sane investor will put money into a nuclear power plant, given their losing record and abysmal safety record, not to mention that nuclear power is now the most expensive energy source, bar none. And there is still no answer for toxic, deadly, heavy metal radioactive nuclear waste.

How can Japan continue to re open or operate ANY nuclear plants?

They have restarted several nuclear plants without any insurance company covering any potential losses..

Is this what the Japanese people agreed to?

Where is the debate about this 'naked' exposure to nation bankrupting risks?

ONLY 12.6 BILLION IN US INSURANCE FUND, TO COVER A 1 to 10 TRILLION LOSS IN US, IN CASE OF NUCLEAR DISASTER


In the US, a measly small amount of only 12.6 Billion in insurance is supposed to cover any nuclear accident. Estimates range from 1 to 10 TRILLION as far as losses if a major nuclear accident happens in the US, like Fukushima.

Call your insurance company and ask them if you can get insurance against a nuclear accident and radiation contamination. What you will find out is that no insurance company will insure you or your property for anything around a nuclear accident or a nuclear bomb, whether it is a terrorist attack or other.

What do they know, that the public does not know?

LINK TV; Downside of nuclear power and inadequate insurance, plus consequences of nuclear radiation
VIDEO: https://www.youtube.com/watch?v=fTDBm3AZw9g 27 min.

JAPAN LOST ALL INSURANCE COVERAGE FOR NUCLEAR REACTORS


After Fukushima, Japan lost all insurance coverage for all nuclear power plants. There is no insurance coverage for any nuclear plants, because the risk of loss is way too high to insure. The only possible way that they can keep operating ANYWHERE in the world, is through taxpayer entitlements, welfare and bribes. Without these, the whole nuclear industry would quickly collapse and disappear overnight.  

Liability Insurance Lost For All Nuclear Plants In Japan, Insurance Inadequate In US, Journalist Files Lawsuit Against Japan Secrecy Law, Government Plus Fascist Nuclear Industry Controls/Censors Mass Media, Fukushima Workers
https://www.agreenroadjournal.com/2012/03/tepco-loses-insurance-coverage-for-all.html

Japan has shut down all of their 54 nuclear power plants, as of 2014.  As of 2015, Prime Minister Abe's plan is to get them all restarted, but without any insurance. 

Those computer simulations have been run and completed, without substantially changing anything on the ground at any plants. Certainly, not enough has been changed to satisfy the insurance companies, who still refuse to insure ANY nuclear plants in Japan.

Japan is filled with earthquake faults, many of which run directly beneath their nuclear plants. The nuclear operators claim that those earthquake faults are not there, and are pushing to restart the plants, without any insurance to cover them after the Fukushima mega nuclear disaster.

At the national level, the Japanese government has approved re-starting up these nuclear plants. But the national government needs local approval from the city governments where these reactors are located. That local approval may be much harder to get today, compared to when these 54 nuclear plants were first built, especially knowing that they will be 'naked', with no insurance in place. Meanwhile, the financial bleeding continues, non stop.

JAPAN GOVERNMENT SELECTS ONLY YES MEN FOR NUCLEAR INDUSTRY PANELS AND APPROVAL COMMITTEES


Via or-well July 23, 2015 Worthwhile article, says more than title -

"…no exaggeration…conclusions to be contained in the report of each committee of the deliberative council are drawn up by the secretariat beforehand."

"…members…chosen…who will no doubt concur with the conclusions…including influential business leaders, scholars, journalists and commentators. Also…a few scholars and commentators who have expressed opposing views in the mass media."

In selecting…“opposition”…review is made on their opinions…in newspapers, television, magazines and books. Selected to serve…are those scholars and commentators whose thoughts and words contain misinterpretations of facts or weak logic. …whose arguments are easy to refute and who are not obstinate are chosen to serve as the “opposition.”

"…a few well-known persons, many of them women, who are complete amateurs in the subject matters…are also selected."

Talks nuke restart process.

"The Japanese government pays the highest respect to the opinions of those scholars whose thoughts are deemed useful to it and adheres strictly to their opinions…while it pays no attention whatsoever to those scholars whose opinions are at odds with or critical of the views of the government."
remind you of Nuke Cultists?"

NUCLEAR PLANTS TO BE RESTARTED NAKED, WITH NO INSURANCE IN PLACE

rogerthatAugust 6, 2015… Mothballed reactors have been turned back on in other parts of the world, though not on this scale — 25 of Japan’s 43 reactors have applied for restart permits. One lesson learned elsewhere is that the process rarely goes smoothly. Of 14 reactors that resumed operations after four years offline, all had emergency shutdowns and technical failures, according to data from the World Nuclear Association, an industry group

Do these government officials on a local level even KNOW that these plants will be restarted with no insurance and that they will be naked and exposed to all of the risks posed by a nuclear accident, such as TMI, Chernobyl and Fukushima, just name a few of the hundreds of nuclear accidents that have happened historically?
http://www.bloomberg.com/news/articles/2015-08-05/japan-heads-toward-nuclear-unknown-with-post-fukushima-restarts

COST OF NUCLEAR ACCIDENT IN GERMANY ESTIMATED TO BE 11 TRILLION


Via Sickputer July 21, 2014 "The cost of a worst-case nuclear accident at a plant in Germany, for example, has been estimated to total as much as $11 trillion, while the mandatory reactor insurance is only 3.7 billion. "The 3.7 billion will be just enough to buy the stamps for the letters of condolence," said Olav Hohmeyer, an economist at the University of Flensburg, who is a member of the German government's environmental advisory body.

The situation in the United States, Japan, China, France and other countries is similar. Tepco had no disaster insurance. "Around the globe, nuclear risks — be it damages to power plants or the liability risks resulting from radiation accidents — are covered by the state. The private insurance industry is barely liable," said Torsten Jeworrek, a board member at Munich Re, one of the world's biggest reinsurance companies.


SWITZERLAND ESTIMATES COST OF NUCLEAR DISASTER AT 4 TRILLION


In Switzerland, the obligatory insurance is being raised from 1 to 1.8 billion Swiss francs ($2 billion), but a government agency estimates that a Chernobyl-style disaster might cost more than 4 trillion francs — or about eight times the country's annual economic output."

NUCLEAR ENERGY CAN EXIST ONLY WITH SECRECY, BRIBES,  PAYOFFS, CORPORATE WELFARE AND EXTORTION


The Japanese national government has promised to provide 1 Trillion Yen to help TEPCO carry on without going bankrupt. But the latest news is that the national government will not give any money to the local governments unless the nuclear plants are given permission to start up again. How else can this be seen except as extortion and/or bribery?

If insurance is required to turn these nuclear plants back on again, the case could be made that they cannot turn these plants back on, due to a lack of insurance. Can ANY nuclear plant operate legally if there is no insurance coverage? How can any business operate without liability insurance, especially a very risky business?

THE FUKUSHIMA MEGA DISASTER IS JUST STARTING; NO WAY TO CLEAN UP MULTIPLE MOLTEN CORIUM LAVA BLOBS IN CONTACT WITH PACIFIC OCEAN VIA UNDERGROUND RIVER

What is the nuclear industry hiding? Why are they so desperate and attack anyone pointing at this? Why will no mass media outlet go here? If and WHEN this gets out, the nuclear industry is instantly DEAD, dead, dead. 

TV: Scientists fear Fukushima radiation hitting US to worsen… “A lot of people are very concerned” — Experts: Billions are being exposed… Reactors “will continue to pour water into Pacific for the rest of time” (VIDEO)
Dr. Helen Caldicott, Feb 13, 2017: As the water flows beneath the damaged reactors, it immerses the three molten cores and becomes extremely radioactive as it continues its journey into the adjacent Pacific Ocean. Every day since the accident began, 300 to 400 tons of water has poured into the Pacific where numerous isotopes including cesium 137, 134, strontium 90, tritium, plutonium, americium and up to 100 more, enter the ocean and bio-concentrate by orders of magnitude at each step of the food chain… tuna, salmon and other species found on the American west coast now contain some of these radioactive elements… [Fukushima Daiichi] will continue to pour water into the Pacific for the rest of time…

Fox News, Feb 8, 2017: Adam Housley, who reported from the area in 2011 following the catastrophic triple-meltdown, said… small levels of radiation are still being detected off the coasts of California and Oregon and scientists fear it could get worse. “The worry is with 300 tons of radioactive water going into the Pacific every day, what is that doing to the Pacific Ocean?” said Housley…

Fox News video transcript excerpts, Feb 8, 2017: Nearly 300 tons of radioactive water is dumped into the Pacific Ocean each and every day… There is still radiation being detected off the west coast of California and Oregon… The worry is with 300 tons of radioactive water going in every day to the Pacific — what is that doing to the Pacific Ocean?… We really don’t know what this radioactive water is doing to the Pacific I think a lot of people are very concerned about that…. As we know that water moves toward the west coast of the US.”


Source/credit; Fukushima Response Campaign

In terms of cleanup and payments to citizens affected, environmental mitigation, loss of income, loss of lands, loss of homes, loss of nuclear power plants, and lawsuits, what would the total dollar amount be both to Japan and to the rest of the world, which depends on oceans as a food source and for many other reasons, including oxygen production?

What is the cost to cleanup 3 molten underground corium lava 100 ton blobs? INFINITE COST; no one has every attempted it, and at Fukushima, they have not even figured out WHERE those molten corium blobs are. There is no current way to clean up this mess, and it continues to get worse and worse. Someday, they will no longer be able to hide it and cover it up. 

INSURANCE POOL CANCELS COVERAGE ON ALL NUCLEAR REACTORS IN JAPAN


In January 2012 Tepco deposited with the Tokyo Legal Affairs Bureau JPY 120 billion (about $1.56 billion) as insurance coverage for the company’s nuclear energy facilities. The utility was formerly covered by the Japan Atomic Energy Insurance Pool, an industry organization established by 23 non-life insurers. However, the pool said in August 2011 that it would not renew Tepco's contract after it expired in mid January 2012.

JAPANESE UTILITIES REQUIRED BY LAW TO GET INSURANCE, BUT NONE OF THEM WILL COVER NUCLEAR ANYMORE


(Japanese nuclear utilities are required by law to secure JPY 120 billion in accident liability coverage.) Tepco is seeking coverage from private-sector insurers. (But it won't find any.)
http://www.world-nuclear.org/info/Safety-and-Security/Safety-of-Plants/Liability-for-Nuclear-Damage/#.UgxgqZK1GSo

How will Japan restart all of those nuclear power plants, when insurance is impossible to find, and even if they do find some small amount at a very high rate, it will not be sufficient to cover the 10 TRILLION in losses? 

US NUCLEAR INDUSTRY HAS INADEQUATE "INSURANCE"


In the US, an inadequate 12 Billion Dollars covers all of the nuclear plants for liability insurance. Japan is claiming that $1.2 Billion Dollars will be enough to cover all of their 50 plus nuclear plants. Any nuclear accident will cost an estimated 1 TRILLION to 10 TRILLION, and possibly more, if future costs are calculated in as well. Bottom line, taxpayers are naked and exposed to TRILLIONS in risk, on top of the 10 TRILLION it will cost to clean up Fukushima.

These Japanese nuclear power generating companies cannot find anyone to sell them ANY insurance to cover the operation of their remaining 50 some odd nuclear power plants, so they have to self insure them through the taxpayers directly. In effect, taxpayers in Japan are being left naked and exposed to all of the risk, which no one else is willing to take on, because it is too risky. Since TEPCO is now effectively owned by the Japanese government, it means that nuclear power is now directly insured by no one other than taxpayers themselves.

In the derivatives or futures market, having full exposure to 100% LOSS of all assets is called taking a 'naked' position. Taking a naked position is something that only fools dare to venture into, because it is so risky. Yet, the Japanese taxpayers voted to put in power a political party that pledges to restart all reactors. 

NUCLEAR ACCIDENTS BANKRUPT WHOLE COUNTRIES


Given that the current Fukushima mega nuclear disaster will cost around between $1 to $10 Trillion Dollars, who will pay for the radioactive disasters that these nuclear plants cause in the future? Japan is effectively bankrupt right now... 

There is no way to hide from the financial repercussions of the Fukushima mega nuclear disaster. It takes many years for the full financial horror to hit a nation, but the slow poisoning of a whole nation by invisible heavy metal radioactive contamination takes it's toll in many hidden ways. Bottom line, the financial world is where the negative effects show up in the form of huge losses in all directions, nationally. 

JAPAN SETTING ITSELF UP TO FIGHT IN AND WAGE WARS DESPITE PACIFIST CONSTITUTION, BY 'REINTERPRETING' IT, BY DEFINING PEACE AS WAR


or-well July 23, 2015 "Japan could soon be free to fight wars again"
"A Japanese historian once told me in confidence that he reckoned around 400 people — politicians, industrialists and senior bureaucrats — make almost all the decisions in Japan. Moreover, they have been intermarrying for generations, and are almost all distantly related to one another."

"If you can't win a referendum on constitutional change, then don't hold one. Just "reinterpret" Article 9 so it means the opposite of what it seems to say. Shinzo Abe's cabinet did that last year, declaring that Article 9 really allows the military to go into battle overseas to protect allies — so-called "collective defence" — even if there is no direct threat to Japan or its people. That covers just about every contingency you can imagine.

Last week Abe pushed two bills through parliament that reshape military policy and structures in accord with that "reinterpretation". The opposition parties walked out and thousands demonstrated outside the parliament building, but the deed is done, and there won't be any referendum about it."

Few people understand the risk of nuclear power, in the form of 93 long lived nuclear elements, terrorist attacks, and much more. 

NUCLEAR INDUSTRY CONTROLS AND CENSORS MASS MEDIA 


In another related matter, the Japanese mass media is in the spotlight, as it relates to being 'influenced' or taken over by TEPCO. Takashi Uesugi exposes how TEPCO controls the media in the video below, and how they pass on deceptive pro nuclear PR spin that is not even investigated for basic truthfulness.

Mass media exposed by journalist, as outlet for nuclear propaganda and lies
VIDEO: https://www.youtube.com/watch?v=-uE3sYMq0xI 3 min.

JOURNALISTS ARE FIRED AND/OR BLACKLISTED IF THEY DARE TO TALK ABOUT THE DOWNSIDES OF NUCLEAR INDUSTRY OR RADIATION, IN JAPAN OR ANYWHERE ELSE IN THE WORLD


In the following video, a discussion is had by journalists, where they reveal that if a reporter writes about or talks about low dose radiation causing cancer, they are fired, if they can even get that far. There is a total news blackout when it comes to the reality of nuclear power and the dangers it poses.

Government and mass media blackout/censorship of all news and reporting around radiation, Fukushima, negative consequences around nuclear power
VIDEO: https://www.youtube.com/watch?v=uxKGcR97pAc 7 min.

These videos cover only Japan, but the same is true in all countries. Nothing negative can be said about the nuclear industry, and that subject is TABOO.

The cost of being a whistleblower and telling the truth about the dangers of radiation is that you lose your job and get fired, anywhere in the mass media globally, even in places like Germany, where the mass media enjoys a measure of freedom not present in other countries.

JOURNALISTS TALK ABOUT WHO WILL BE ARRESTED OR JAILED FIRST FOR BROACHING THE SUBJECT OF NUCLEAR ENERGY, BECAUSE IT IS TABOO TO TALK ABOUT IT IN ANY COUNTRY




In the video, journalists joke about being arrested and who will be arrested first, for talking about nuclear issues despite the secrecy laws. 
https://www.youtube.com/watch?v=QwuPyLbWT9I .50 seconds

Secrecy laws ban anyone from talking about Fukushima in a negative way. Censorship is alive and well all around the world around nuclear power, not just in Japan.

JOURNALISM CONSISTS OF PRINTING WHAT THE POWERS THAT BE DON'T WANT SEEN, ALL ELSE IS PUBLIC RELATIONS AND MARKETING


or-wellSeptember 25, 2015 Important for understanding Japanese media.
A really good talk!
No bs. Lots of hard truths.
Less than 15 minutes of your valuable time.
http://www.vox.com/2015/9/25/9394607/japan-press-freedom-adelstein

"Journalism is printing what someone else does not want printed. All else is public relations."

Bottom line, if journalists and mass media outlets are not speaking truth to power and resisting corruption and/or exposing cover ups, they are propaganda outlets for the corrupt powers that hide in secrecy, behind the scenes.

Where does truth go, if it is not allowed to be seen or heard on the mass media, around nuclear power?

JAPAN SECRECY LAWS SEEN AS DRACONIAN, JOURNALISTS FILE LAWSUIT


Via clamshellernh August 30, 2014  "Japan's secrecy law seen as draconian – Yahoo Maktoob News
"This includes issues surrounding the accident at the Fukushima Daiichi nuclear power plant as well as, looking forward, possible conflicts with China, Russia, or North Korea."

Terasawa is part of of a group of 43 freelance journalists and other writers who have launched a lawsuit against the new secrecy law. Michiyoshi Hatakeyama, another freelance journalist who is a plaintiff in the case, explains, "What is a secret? The line where these special secrets begin will not be clear. Even if one is arrested and you ask them why you've been arrested, that too may be a secret under this law."

Isn't this what Fascism looks and sounds like? Fascism can be defined as corporate control of news and mass media, plus levers of power in government, correct?  

GOVERNMENT DENIES SECRECY LAW EXISTS


For its part, the Abe administration has been very reluctant to publicly defend the secrecy law since its passage last December. The minister put in charge of handling the issue, Masako Mori, is the most junior member of the Abe Cabinet, whose portfolio is Minister of State for Gender Equality, the Declining Birthrate, and Consumer Affairs. She declined repeated requests from Al Jazeera to explain the government's position on the secrecy law, and at a press conference this month at the Foreign Correspondents' Club of Japan the minister indicated that she only wanted to address the issue of gender equality.

THE DANGERS OF RADIATION GO ON FOR A MILLION YEARS OR LONGER; WHY RISK FUTURE GENERATIONS HEALTH AND THE ENVIRONMENT?



The WHO now admits that low-dose radiation causes leukemia.
http://t.co/TTpNeu53u6



Would you do business with any organization that put in mortal danger YOUR family, way of life, property, health, business and community, for a BILLION YEARS?


Would you or your organization do business with ANY organization that was influencing, censoring, controlling and/or 'massaging' the 'news' so that no bad news ever got out and for short term profit motivated gain, without considering long term consequences or community values? If so, why? If not, why not?

REQUIRE NUCLEAR PLANTS TO GET INSURANCE TO COVER REAL LOSSES -  10 TRILLION DOLLARS TOTAL COVERAGE


Via nedlifromvermont July 17, 2014 "I have a good idea … if they really want to start back up, have the utility purchase a full insurance policy to cover any damages in the face amount of $10 trillion (roughly one quadrillion Yen) and that'll show you just how much they want their nuclear plants back on line.

They won't do it. They can't do it. Hence they should not be allowed to have their stupid nuclear toys. End of rational discussion of the matter, in a sane and rational world …. USA helped lead the world over a cliff … Still nothing of merit or note from Nuclear Toady-in-Chief, Jeffrey Immelt, of GE …"

A study shows that this strategy is sound and wise. Insurance to cover potential losses has not been sufficient up to now and it should be increased. 

Calculating a risk-appropriate insurance premium to cover third-party liability risks that result from operation of nuclear power plants
http://www.laka.org/docu/boeken/pdf/6-01-0-30-34.pdf

REQUIRE ANY INSURANCE FUND BE MANAGED AND CONTROLLED BY COMMUNITIES AFFECTED BY THE RADIATION, NOT THE UTILITY OR GOVERNMENT


Require each nuclear reactor to have a 10 Trillion dollar insurance policy, along with a requirement that the communities that would be most affected manage the fund for quick and easy payouts to victims. In other words, don't allow the utility or the government to manage the insurance fund in case of an accident. What happens if they are in charge is that no one ends up being paid, and victims are blamed for the accident, resulting in them not being compensated. This is what happens after every nuclear accident. 

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SUMMARY


After reviewing this information, AGRP would encourage the consideration of the following questions.....

Would you or your organization do business with ANY organization (including nuclear plant operators) that was doing business in such a way, that it could not find liability insurance coverage at any price, in order to even keep operating?

How is PM Abe restarting multiple nuclear reactors in Japan, without any insurance coverage at all?


WHAT YOU CAN DO; RESEARCH THE DARK SIDE OF THE NUCLEAR MONOPOLY

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Zero Rad Waste Eco Justice Project; Long Term Storage Of Nuclear Waste, Decommissioning, Ocean Dumping, Incineration, Decontamination, Water Contamination, Dry Cask Storage


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Liability Insurance Lost For All Nuclear Plants In Japan, Insurance Inadequate In US, Journalist Files Lawsuit Against Japan Secrecy Law, Government Plus Fascist Nuclear Industry Controls/Censors Mass Media, Fukushima Workers
https://www.agreenroadjournal.com/2012/03/tepco-loses-insurance-coverage-for-all.html


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