Welcome to the Era of the Everyday Billion-Dollar Disaster

2010 was a pretty serious year for Atlantic hurricanes. The season tied with 1995 and 1887 for the third largest number of named storm, with 19, and tied with 1969 for the second largest number of hurricanes, with 12. One of those hurricanes—Earl—reached Category 4 status, with winds hitting a maximum of 145 mph, stronger [...]

With Power Shortage Looming, Japan Hustles to Prove Nuclear Reactors Are Safe

Nobody likes a 40-year heat wave, but a 40-year heat wave in the midst of national drive to conserve energy seems particularly cruel. Last month, residents of Tokyo and other parts of Japan, where electricity is in short supply after March 11, endured highs of 95 degrees — and pangs of guilt when they reached [...]

Tokyo Offers to Help Compensate Nuclear Victims

Tokyo Electric Power Company’s stock rose 25% after Japan’s cabinet announced it approved a plan to help the nation’s largest utility avoid bankruptcy and pay a huge compensation bill to victims of the Fukushima Daiichi nuclear power plant crippled in the March 11 tsunami. For the last three months, the future of TEPCO, which operates [...]

Fukushima: New Report Suggests Fuel Burned Through Vessels

Summer has arrived in Japan. The pink cherry blossoms that offered some aesthetic respite from the destruction in the weeks after March 11 are long gone, and the heat —and all of the attendant challenges of living long-term with a nuclear disaster — have arrived. In Tokyo, where the mayor has set an ambitious energy [...]