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TEPCO's claim "nuclear contaminated wastewater harmless to human health" not consistent with facts: expert

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TEPCO's claim "nuclear contaminated wastewater harmless to human health" not consistent with facts: expert

2024-06-18 15:45 Last Updated At:16:27

Tokyo Electric Power Company (TEPCO)'s claim that the nuclear contaminated wastewater from its crippled Fukushima nuclear power plant is harmless to human health is not consistent with facts, said , said a Japanese expert.

So far, Japan has conducted six rounds of nuclear-contaminated wastewater release from the Fukushima Daiichi Nuclear Power Plant into the Pacific Ocean, discharging about 46,000 tons of the wastewater in total.

Despite opposition among local fishermen, residents as well as backlash from the international community, Tokyo Electric Power Company (TEPCO), the plant's operator, started discharging the radioactive wastewater in August 2023.

The Japanese government and TEPCO claim that the wastewater treated by the Advanced Liquid Processing System (ALPS), or the so-called "treated water", is no different from industrial wastewater discharged by ordinary nuclear power plants and is harmless to the environment and human health.

The claim has triggered a wave of criticism among environmental experts and scholars.

"The Japanese government claims that the 'treated water' is harmless to the environment and human health, but the long-term effects are still unknown. It is hard to make an assertion. But the nuclear-contaminated wastewater is forbidden to be released into the ocean. What TEPCO said is not consistent with the facts," said Oshima Kenyichi, a professor at Ryukoku University.

Referring to the health issues occurring since August last year, Kenichi points out that the fundamental solution is to stop the discharge of nuclear-contaminated wastewater into the sea.

"I think the fundamental solution is to stop the discharge of nuclear-contaminated wastewater into the ocean and launch an overhaul of the handling mechanism of the accident at the Fukushima Daiichi nuclear power plant," said Kenyichi.

"Japanese fishermen, including Fukushima fishermen, are opposing to the discharge plan. They have a strong desire and hope to provide safe and tasty fish to customers. Neighboring countries have every reason to be concerned about food safety. The root cause is the attitude of the Japanese government and TEPCO in handling the accident," said Kenyichi.

In fiscal 2024, TEPCO plans to discharge a total of 46,800 tons of contaminated water in six rounds.

TEPCO's claim "nuclear contaminated wastewater harmless to human health" not consistent with facts: expert

TEPCO's claim "nuclear contaminated wastewater harmless to human health" not consistent with facts: expert

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Japanese seek diversified investment options as yen devalues

2024-07-14 12:04 Last Updated At:12:37

The Japanese people are eyeing diversified investment options at a three-day wealth management exhibition which started on Friday in Tokyo, as the depreciation of their fiat currency yen goes on.

Since July, the retail price of gold in Japan has repeatedly hit new highs, and the price per gram rose to 13,612 yen (about 86 U.S. dollars) on Thursday.

As inflation continues in Japan, precious metals are increasingly popular as a way to beat it.

In addition to paper gold, rare precious metal coins have gradually become one of the new financial investment favorites in Japan in recent years.

"The gold content of coins determines their value as precious metals. But as collectibles, their price on the auction market will go up," said Mitsuru Hayama, an exhibitor.

In addition to traditional financial products which include real estate, there is a trend of diversification at this exhibition.

For example, for investment products such as agricultural blueberry gardens and mushroom farms, investors can choose to make investment only, or they can participate in specific business operations.

Investable wines and whiskies are also a big draw at the expo. Among them, wine investment has an online trading model, where investors can view the latest prices of wines on their mobile phones in real time and conduct transactions .

"You buy it when it's cheap and drink it whenever you want. This is the prime pleasure of investing in the wine. Even if you don't drink it yourself, you'll be happy if its price rallies," said Eiji Odawara, an exhibitor.

According to the latest data released by the Bank of Japan in June, as of the end of March this year, the scale of Japanese household financial assets inched up 7.1 percent compared with the same period last year, reaching 2,199 trillion yen (about 13.9 trillion U.S. dollars), hitting record highs for five consecutive quarters.

Among them, cash and deposits accounted for 50.9 percent, much higher than other advanced economies such as the United States and some European countries.

Japanese seek diversified investment options as yen devalues

Japanese seek diversified investment options as yen devalues

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