Radiation levels around tanks holding contaminated water at Tokyo Electric Power's (TKECF.PK) crippled Fukushima nuclear plant have spiked to 2,200 millisieverts (mSv) from 1,800 mSv on Sunday. Either level would be enough to kill an unprotected person within hours.
A major problem is that the tanks are leaking huge amounts of contaminated water into the sea and into the surrounding groundwater.
Yesterday, the government said it would take charge of the 2 1/2 year clean-up process and provide almost $500M for two big projects — a ring of frozen ground to protect groundwater from radiation and a plant to filter out radioactive elements.
However, there is a long list of other expensive tasks that need to be carried out. The question is whether the government will provide the necessary money.