Wednesday, October 3, 2012

EU Nuclear Reactors Need $32 Billion for Safety


Europe's nuclear reactors need investment of $13-32 billion (10-25 billion euros), a draft European Commission report said, following a safety review designed to ensure a disaster like Japan's Fukushima cannot happen. The Commission is expected to finalise the stress test report by Thursday and it will be debated by EU ministers later this month. After that, the Commission intends in 2013 to propose new laws, including on insurance and liability to "improve the situation of potential victims in the event of a nuclear accident", the draft seen by Reuters said. Al Jazeera's Gerald Tan reports.

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