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Stock Market Trend Forecast March to September 2019

Is Fukushima About To Blow?

Politics / Environmental Issues Mar 29, 2011 - 05:23 AM GMT

By: Mike_Whitney

Politics

Best Financial Markets Analysis ArticleConditions at the Fukushima Daiichi nuclear plant are deteriorating and the doomsday scenario is beginning to unfold. On Sunday, Tokyo Electric Power Co. (TEPCO) officials reported that the levels of radiation leaking into seawater at the Unit 2 reactor were 100,000 times above normal, and the airborne radiation measured 4-times higher than government limits. As a result, emergency workers were evacuated from the plant and rushed to safe location. The prospect of a full-core meltdown or an environmental catastrophe of incalculable magnitude now looms larger than ever. The crisis is getting worse.


If spent fuel rods catch fire from lack of coolant, the intense heat will lift radiation plumes high into the atmosphere that will drift around the world. That's the nightmare scenario, clouds of radioactive material showering the planet with lethal toxins for months on end. And, according to the Central Institute for Meteorology and Geodynamics of Vienna, that deadly process has already begun. The group told New Scientist that:

"Japan's damaged nuclear plant in Fukushima has been emitting radioactive iodine and caesium at levels approaching those seen in the aftermath of the Chernobyl accident in 1986. Austrian researchers have used a worldwide network of radiation detectors – designed to spot clandestine nuclear bomb tests – to show that iodine-131 is being released at daily levels 73 per cent of those seen after the 1986 disaster. The daily amount of caesium-137 released from Fukushima Daiichi is around 60 per cent of the amount released from Chernobyl. ("New Scientist", March 24 ---thanks to Michael Collins "They said it wasn't like Chernobyl and they were wrong")

So, volatile radioactive elements are already being lofted into the jet stream and spread across continents. What's different here is that the quantities are much larger than they were at Chernobyl, thus, the dangers are far greater. According to the same group of scientists "the Fukushima plant has around 1760 tonnes of fresh and used nuclear fuel on site" (while) "the Chernobyl reactor had only 180 tonnes." The troubles at one nuclear facility now pose a direct threat to humans and other species everywhere. Is this what Obama meant when he called nuclear power, "Safe and green?"

This from CNN:

"Authorities in Japan raised the prospect Friday of a likely breach in the all-important containment vessel of the No. 3 reactor at the stricken Fukushima Daiichi nuclear power plant, a potentially ominous development in the race to prevent a large-scale release of radiation."

And this from the New York Times:

"A senior nuclear executive who insisted on anonymity but has broad contacts in Japan said that there was a long vertical crack running down the side of the reactor vessel itself. The crack runs down below the water level in the reactor and has been leaking fluids and gases, he said....

“There is a definite, definite crack in the vessel — it’s up and down and it’s large,” he said. “The problem with cracks is they do not get smaller.” (Thanks to Washington's Blog)

The media has switched into full "BP Oil Spill-mode", making every effort to minimize the disaster and to soothe the public with half-truths and disinformation. The goal is to conceal the scale of the catastrophe and protect the nuclear industry. It's another case of profits over people. Still, the truth is available for those who are willing to sift through the lies. Radiation has turned up in the Tokyo water supply, imports of milk, vegetable and fruit from four prefectures in the vicinity of Fukushima have been banned, and the evacuation zone around the plant has widened to an 18 mile radius.

Also, monitors have detected tiny radioactive particles which have spread from the reactor site across the Pacific to North America, the Atlantic and Europe...According to Reuters: "It's only a matter of days before it disperses in the entire northern hemisphere," said Andrea Stahl, a senior scientist at the Norwegian Institute for Air Research."

Here's more from Brian Moench, MD:

"Administration spokespeople continuously claim "no threat" from the radiation reaching the US from Japan, just as they did with oil hemorrhaging into the Gulf. Perhaps we should all whistle "Don't worry, be happy" in unison. A thorough review of the science, however, begs a second opinion.

That the radiation is being released 5,000 miles away isn't as comforting as it seems.... Every day, the jet stream carries pollution from Asian smoke stacks and dust from the Gobi Desert to our West Coast, contributing 10 to 60 percent of the total pollution breathed by Californians, depending on the time of year. Mercury is probably the second most toxic substance known after plutonium. Half the mercury in the atmosphere over the entire US originates in China. It, too, is 5,000 miles away. A week after a nuclear weapons test in China, iodine 131 could be detected in the thyroid glands of deer in Colorado, although it could not be detected in the air or in nearby vegetation." (Washington's Blog)

The smoldering Fukushima hulk is a perpetual death machine poisoning everything around it--sea, sky and soil. Here's a clip from the Collin's article:

"...The soil contamination is really high. Soil found 40 kilometers away.... the levels on the soil were very high—in fact, a thousand times iodine, 4,000 times the cesium standard. And we just got a report from the Kyoto Research Reactor Institute, Dr. Tetsuji Imanaka, that said that—he had to look a little bit more into the sampling of the Japanese government, but depending on how the sampling was done, this level of contamination in the soil could be twice the amount that was compulsory evacuation for Chernobyl. Aileen Mioko Smith, March 24 (thanks to Michael Collins "They said it wasn't like Chernobyl and they were wrong")

Twice as high as Chernobyl already, and the disaster is likely to persist for months to come. Things are getting worse, much worse.

The Japanese government has been downplaying the crisis to make it look like they have matters under control, but it's all a sham. They control nothing. The rescue mission has been a flop from the get-go and now things are at a boiling point. The emergency effort has been overtaken by events and now it's a matter of "wait and see". We're approaching zero hour.

So why the cover up? Why is the media trying to soft-peddle the real effects of a nuclear cataclysm? Does the Japanese government really believe they can make things better by tweaking their public relations strategy? They should focus on saving lives and abandon "perception management" altogether. This is from the Union of Concerned Scientists website:

"Our assessment is that the Japanese government is squandering the opportunity to initiate an orderly evacuation from larger areas around the site–especially of sensitive populations, like children and pregnant women. It is potentially wasting valuable time by not undertaking a larger scale evacuation at this time."

The Japanese government is trying to protect the powerful nuclear lobby. The same is true of Obama, who continues to promote nuclear energy even while radiation belches from battered Fukushima. He's not thinking about the public; he's thinking about the deep pocket constituents who fill his campaign coffers.

Japanese workers are putting their lives on the line to regain control of the broken facility, but with little success. The probability of another fire, another monstrous explosion, or a full-core meltdown increases by the day. The Fukushima fiasco is gaining pace putting tens of thousands of people at risk of thyroid cancer, childhood leukemia and other life-threatening ailments.

On Saturday, Japan's prime minister, Naoto Kan, said the situation at the Fukushima nuclear plant was ''serious''. That might be the understatement of the century.

By Mike Whitney

Email: fergiewhitney@msn.com

Mike is a well respected freelance writer living in Washington state, interested in politics and economics from a libertarian perspective.

© 2011 Copyright Mike Whitney - All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis.
Individuals should consult with their personal financial advisors.

Mike Whitney Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Comments

g kaiser
29 Mar 11, 13:23
Fukushima

I think the lack of activity on behalf of the Japanese is simply because of fear and despair.

What are they to do? They can't evacuate, there is little infrastructure in many places and we are talking of 100 of thousands of peopel with no place to go.


cshellz
03 Apr 11, 00:32
Fukushima

Ok, the sky really is falling. Now what do we do? What CAN we do? How do we keep our health, our money and our way of life when not only are we not part of the protected species but in fact treated like a common mushroom?


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