Saturday, June 29, 2013

When in doubt give disaster relief funds to nuclear power companies

With thousands of people still living in temporary housing in northeast Japan and still more unemployed   the Japanese government decided that the best use for disaster relief funds meant to help those effected by the triple disaster  was to give the money to nuclear power companies.


Funds set aside to help earthquake, tsunami and nuclear victims have been allocated to power companies, officials in Japan said Friday, a move that could fuel fury among people who lost their homes.
About 10 billion yen of the 25 trillion yen pledged for disaster recovery over several years has been reserved to offset costs for utility companies that were ordered to shut nuclear power plants in the aftermath of the Fukushima disaster.
The news comes after it was revealed public cash had been used in areas seemingly unaffected by the natural catastrophe, including on beefing up security for Japan’s controversial whale hunt and on paying people to count turtles.
Officials said Friday that around 2 billion yen had already been given to Chubu Electric Power to help it make interest payments on bank loans taken out to fund the spiraling cost of fossil fuels.

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