CBS News visited the Fukushima nuclear power plant in Japan for a first-hand look at the ongoing disaster. Their conclusion: the estimated cost of the cleanup effort is currently $100 billion with a time horizon of 40 years.
The World Business Academy continues to study the Fukushima disaster. The scale and scope of the cleanup effort is unprecedented. More reporting is needed to keep the public informed on the health risks of nuclear power. Unfortunately CBS neglected to address the massive leak of radioactive water into the Pacific Ocean, as has been reported by multiple sources including the New York Times.
The full CBS News report can be viewed here.