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Monday, March 12, 2012

Fukushima nuclear meltdown - one year later

GLOBAL TRENDS By MARTIN KHOR
 
As the world marks the first anniversary of Japan’s triple tragedy, lessons are still being drawn from the Fukushima nuclear accident and the dangers of nuclear power plants.

 IT’S been a full year since Japan’s triple disaster of earthquake, tsunami and nuclear meltdown, and the reverberations are still being felt.

The tsunami on March 11, 2011, caused around 19,000 deaths (16,000 known dead, 3,000 missing) and 320,000 were made homeless.

The nuclear disaster alone created 100,000 nuclear evacuees.

The lesson, only partially learnt in Japan itself and hardly learnt in other countries, is that natural disasters can come in many unexpected forms and governments must put aside considerable resources and facilities to prepare for and manage them.



The lesson usually becomes obvious when a disaster occurs.

After that, a pledge is made to be better prepared and much of that is not implemented until the next disaster and the cycle begins again.

While the tsunami caused the most immediate damage, it was the nuclear incidents at the Fukushima power plant that were the most shocking and may have the most long-term repercussions.

The nuclear disaster blew away a lot of myths.We now know, again, that nuclear power plants are not safe.

The claim by Tepco – the Japanese company operating the Fukushima plant – that the reactors were fail-safe and could withstand earthquakes, was proven to be wrong.

The ability of the regulatory autho­rities to monitor and check for risks and ensure safety was near absent.
An independent commission, which was set up by the Rebuild Japan Initiative Foundation to investigate the nuclear incident, shows how close Japan came to a catastrophe.

Its chairman Yoichi Funabashi, in an article in last Saturday’s Financial Times, said that Japan was on the edge of an “existential crisis”.

As the tsunami knocked out the Fukushima plant’s cooling systems, the Tepco president indicated his company’s intention to abandon the plant and evacuate its workers.

Japanese Prime Minister Naoto Kan personally intervened, ordering the company not to abandon ship and form a “death squad” to continue the battle and inject water into the reactor vessels.

A worst case scenario, prepared for the prime minister by the Japan Atomic Energy Commission, envisioned a hydrogen explosion, a succession of meltdowns and such extensive radiation that the whole of Tokyo would have to be evacuated.

Funabashi said: “The truth is that the imagined ‘worst-case scenario’ was closer than anyone would wish to admit; but for the direction of the wind (towards the Pacific, not inland, in the four days after the earthquake); but for the manner in which the gate separating the reactor-well and the spent-fuel pool in Unit 4 broke (presumably facilitating the transfusion of water into the pool). Luck was undeniably on our side.”

Funabashi’s commission found that the nuclear industry had become ensnared in its twisted myth of “absolute safety”, propagated by interest groups seeking to gain broad acceptance of nuclear power.

He also found that “Japan’s nuclear safety regulatory regime was phoney. Regulators pretended to regulate; utilities pretended to be regulated. In reality, the latter were far more powerful in expertise and clout”. He offers two lessons to be learnt.

First, is the need to overcome the myth of “absolute safety”, shatter the taboo that surrounds the concept of risks in the nuclear energy business and the need to prepare for the unthinkable and unanticipated.

Second, is the need for an independent regulatory body.

A major fallout from the Fuku­shima accident is the blow it has dealt to the nuclear industry.

It highlighted the danger a country faces when something goes wrong.

Of its 52 nuclear plants, Japan has now shut down 50 plants. The remaining two may also be shut down next month.

Although the government may try to reopen some of them, the public revulsion against nuclear plants could mean that their days are numbered.

There has also been a global backlash, with Germany, Italy, Belgium and Switzerland declaring that they will phase out their nuclear plants.

The situation in Asia, however, is mixed. China has suspended the building of new nuclear plants pending changes in safety standards.
India, Vietnam and Korea are going ahead with their nuclear power programmes.

“If more nuclear power plants are built in developing countries with little experience of operating a reactor, or bordering a region where terrorism is a concern, or without sufficient financial resources to import state of the art technology, then the chance of a major nuclear accident hitting the developing world will loom large in the coming decades,” said Kevin Tu, senior associate at the Carnegie Endowment for International Peace.

Meanwhile The Economist magazine, in its latest cover story, “Nuclear Energy: The dream that failed” is pessimistic about the future of the nuclear industry.

Nuclear plants are costly to build and operate. British studies put the overnight cost of new power plants at US$2,233 (RM6,720) for every kilowatt of capacity in 2004 and US$3,000 (RM9,028)/kw in 2008, according to The Economist.

Capacity fired by gas turbines cost less than one-fifth of that. The cost of renewable energy (wind and solar, in particular) is, however, getting cheaper every year.

Perhaps, the most intractable problem is nuclear waste. As The Economist noted, building a nuclear plant that can last 100 years is one thing, but creating waste that will be dangerous for 100 times as long is another.

So far, countries have failed to create a long-term repository for nuclear waste.

As the public has become intensely more aware of the dangers of radiation, the resistance to locating nuclear plants in their neighbourhood has grown fiercer.

No doubt the Fukushima meltdowns and its aftermath have contributed to increased awareness and to the bad name that nuclear power has acquired.

P/S:  We sympathize with Japan's sufferings from earthquake, tsunami caused by nature that resulted in Fukushima nuclear meltdown a year ago.

How Japan feels when we remember the victims of its Nanjing Massacre committed and occupied by Japanese troops on Dec 13, 1937, China's former capital city suffered a six-week massacre in which more than  300,000 Chinese were Killed, 20,000 Women Raped ... ?


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Sunday, March 11, 2012

Leadership management and strategy - failure of Obama Presidency

HOPE IS NOT A STRATEGY: Leadership Lessons from the Obama Presidency
John Mariotti   John Mariotti, Forbes Contributor

English: Barack Obama delivers a speech at the...
Image via Wikipedia
BREAKING NEWS—A Series of Excerpts from A Powerful New Book

Much has been written about Barack Obama’s presidency during his first three years. His supporters still adore him. His critics dislike him intensely. The real question is, why has Obama failed—in his own terms: “to turn this country around?” His campaign mantra of “HOPE & CHANGE” created tremendous expectations. The problem is, as our title states, “hope is not a strategy” and the “change” has been change for the worse, and not better.

Now there is a new book which chronicles thirty of Obama’s most notable failures and mistakes from a new perspective: as problems of leadership, ideology and inexperience–combined. Co-author Dave M. Lukas and I have combined the perspectives of two different generations of executive and entrepreneurial success into a series of short, easy-to-read chapters, each of which describes one or more of Obama’s failed outcomes, and goes on to offer valuable lessons for life, career and most of all, for current and future leaders in business and government.

Dave and I are both deeply concerned about America’s future as it struggles under Obama’s staggering budget deficits and imperial power plays, leading to sluggish growth, record unemployment and a general lack of respect for the USA that is growing greater every month he is in office.

When Barack Obama exploded onto the national political stage—literally—during the 2004 Democratic convention, he used his oratorical skills to elevate his thin resume and undistinguished career into national prominence. He stated his conviction that, “There is not a liberal America and a conservative America – there is the United States of America.” Unfortunately, after a masterful campaign, in which he echoed this line in various forms, he did not behave or govern this way. Under his presidency, the divide between the conservative and liberal elements of the US government has grown wider, not narrower. Obama has been a divider, not a uniter.

Why this happened can lead to complex, and contentious arguments. That it has happened is indisputable. In HOPE IS NOT A STRATEGY: Leadership Lessons from the Obama Presidency we break down some of the many the problems, mistakes, failures and “misstatements” that Americans encountered during President Obama’s first term.

In this series, I will post excerpts from several chapters of the book, to provide readers a “taste” of what the book contains. It has been called “The most important book of 2102,” and described as, “An insightful guide to leadership and management based on examples of stunning failures and what not to do.” Another assessment of it said it this way: “Every American voter needs to read this book. It will help them see Obama’s many mistakes—prove that style and oratory do not trump substance…”

The book will be available in late March on www.amazon.com in both paperback and Kindle versions, and other on-line booksellers. To sign up for more details of availability, go to www.hopeisnotastrategybook.com and click on the Contact tab.
—————-
John Mariotti is an internationally known executive and an award-winning author. His newest book, co-authored with D. M. Lukas, Hope is NOT a Strategy: Leadership Lessons from the Obama Presidency will be available in March 2012 at www.amazon.com. Mariotti’s 2008 book, The Complexity Crisis was named one of 2008’s Best Business Books. His critically acclaimed 2010 novel, The Chinese Conspiracy, merges an exciting fictional thriller with the reality of America’s risk from Cyber-Attacks. Mariotti does keynote speeches, serves on corporate boards and is a consultant/advisor to companies. He can be reached at www.mariotti.net.

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