• Blog Stats

    • 79,937 hits
  • Archives

  • Enter your email address to subscribe to this blog and receive notifications of new posts by email.

    Join 157 other followers

  • Copyright notice

    This blog entry and all other text on this blog is copyrighted, you are free to read it, discuss it with friends, co-workers and anyone else who will pay attention.

    If you want to cite this blog article or quote from it in a not for profit website or blog then please feel free to do so as long as you provide a link back to this blog article.

    If as a school teacher or university teacher you wish to use content from my blog for the education of students then you may do so as long as the teaching materials produced from my blogged writings are not distributed for profit to others. Also at University level I ask that you provide a link to my blog to the students.

    If you want to quote from this blog in an academic paper published in an academic journal then please contact me before you submit your paper to enable us to discuss the matter.

    If you wish to reuse my text in a way where you will be making a profit (however small) please contact me before you do so, and we can discuss the licensing of the content.

    If you want to contact me then please do so by e-mailing me at Chalmers University of Technology, I am quite easy to find there as I am the only person with the surname “foreman” working at Chalmers. An alternative method of contacting me is to leave a comment on a blog article. If you do not know which one to comment on then just pick one at random, please include your email in the comment so I can contact you.

Who will have to pay for the clean up in Japan

Dear Reader, I recently was sent a rather long comment on the blog entry on the way in which TEPCO are going to deal with the mess in Japan.

This person wrote,

“State supports TEPCO with money of the japanese people. Furure Compensation for vicitims will be paid by the people, not by TEPCO.”

In the ideal world TEPCO and the insurance company would have big pot of gold which would pay for everything. Unless they are able to get to the end of the rainbow I suspect that they may have difficulty in raising the funds required to put right all the damage which has happened since the earthquake.

The problem is in the real world a limit exists to the funds which any company has access to. If TEPCO was to go bankrupt next week, the clean up fund was to run out and the Japanese government / other organisations were to refuse to make any contribution towards the clean up, repair and compensation costs. Then things would get much worse. I have visions that unless the people of Japanare very charitable then those adversely affected by the accident would suffer greatly.

These accident affected persons in this worst case scenario would wallow in poverty. So to prevent this the Japanese tax payer might have to pay more tax. Then the government would have to take responsibility to pay compensation and for the clean up. Paying for a clean up after nuclear accident is a bit like having root cannel work done at the dentist, it is not nice. It is horrible, but failing to do it may result in something much worse happening.

So in the interests of social justice I think that someone other than TEPCO may have help pay to put things right.

Advertisements

Go on, Have your say !

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: