Thursday, March 17, 2011

Consequences of a major nuclear accident for Japan

Consequences of a major nuclear accident for Japan

In a small place what happens in one coast may affect the whole. What is happening in Japan aside the earthquake is a lot of people being fearful of nuclear contamination. They do not believe in all what they heard from the government or the energy companies. A big mobilization is going on. Part of it is promoted by the government and part by the citizens themselves.
Consequences for the nation, individuals and the environment. At individual level there are lost of homes and jobs, changes in life-style and economies.
At the national level: economic changes, governance, new policies, and energy crisis. How do they cope as a nation?
For the nuclear industry: loss of credibility and alternative paths, new deals and efforts to contain the damage.
Other economies: suppliers earnings may rise with increase demands. The market place is for now supported by the government.
For the environment: long-term environmental pollution, the magnitude is yet to be seen.
What would be the extend of the disaster? It remains to be seen.

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