A Canadian-born nuclear-energy expert has predicted that the it will cost at least $120 billion to clean up the mess left by the crippled Fukushima nuclear power plant.
In an interview with ResourceClips, Thomas Drolet said that it will take 12 to 15 years to convert the Fukushima Daiichi site "back to brownfield condition".
"Of the government and TEPCO cost estimates, the biggest I’ve seen in print is about $60 billion," Drolet told journalist Greg Klein. "My opinion? Double that.”
Drolet, a former president and CEO of Ontario Hydro International, also linked relatively low uranium prices to the 2011 earthquake and tsunami in northeastern Japan, which led to the closure of all of the country's nuclear reactors.
Uranium prices are below (U.S.)$36 per pound—an eight-year low—prompting Paladin Energy to suspend a mining operation in Malawi.
Paladin recently reported a loss of (U.S.)$255 million in the six months ending on December 31.
Meanwhile here in B.C., the North Shore News has reported that several First Nations leaders—including Union of B.C. Indian Chiefs president Grand Chief Stewart Phillip and Tahlton Central Council president Annita McPhee—want the federal government to conduct systematic tests of radiation levels in fish from the Pacific Ocean.
Reuben George, a well-known member of the Tsleil-Waututh Nation, told the paper that he's personally reluctant to eat fish.