The future of electrical power in Japan...and Chernobyl...

...oh wait, according to Bloomberg, a big chunk of the budget will be devoted to cleaning up the Fukushima Dai-Ichi reactors. The best guess right now is that it'll take way longer than Three Mile Islahttp://www.blogger.com/img/blank.gifnd (probably on the order of 3 decades) and at least $12 billion: And then there's this little sidebar:

Ukraine is unable to fund alone the cost of a new sarcophagus to cover the burned out reactor at Chernobyl, due to be in place by 2014. The 110 meter-high arched containment structure has a 1.55 billion euro ($2.2 billion) total price tag and the London-based European Bank for Reconstruction and Development has so far raised about 65 percent of that.

Yikes. So much for investing in the next generation of electrical power....