Asia Life

Japan’s LDP Mulls Tepco Breakup as Fuel Rods OK’d for Risky Removal

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Asia Life

Japan’s LDP Mulls Tepco Breakup as Fuel Rods OK’d for Risky Removal

Abe panel suggests that utility is unfit to decommission the stricken plant.

Tokyo Electric Power Company, or Tepco, was subjected to yet another round of criticism yesterday – this time from Japan’s ruling party, the Liberal Democratic Party (LDP). A special panel created by Prime Minister Shinzo Abe suggested that Tepco, in its current state, is ill-suited to oversee a massive decontamination effort at the crippled Fukushima Daiichi nuclear plant.

On numerous occasions since the March 11, 2011 earthquake and tsunami that caused the plant to suffer a meltdown, Tepco has been accused of bungled clean-up efforts, poor transparency and an inability to adequately contain radioactive water leaks. Subcontractors have replaced many of Tepco’s direct hires, leading to additional allegations of very low pay given the life-threatening work environment. Abe’s party has already proposed putting the government in charge of the costs and operations related to the decontamination process – but the new plan favors a breakup rather than a complete takeover.

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