The operator of Fukushima nuclear plant has taken a "major step forward" by removing a 20-tonne piece of rubble from the destroyed reactor. However, decommissioning efforts to clean up the debris at the shattered plant are expected to last some four decades. It has been confirmed that decommissioning of the plant could last for four decades and that compensation costs are due to be over $57 billion. Following this announcement, Japan's insurance companies stated they would push for an average 19% increase in its earthquake premiums, which are due to come into effect January 2017. In response to these developments, Prime Minister Shinzo Abe announced on Friday he will visit Japan next week as part of his efforts to improve relations with China.
The operator of Fukushima nuclear plant has taken a "major step forward" by removing a 20-tonne piece of rubble from the destroyed reactor. It has been confirmed that decommissioning of the plant could last for four decades and that compensation costs are due to be over $57 billion. Following this announcement, Japan's insurance companies stated they would push for an average 19% increase in its earthquake premiums, which are due to come into effect January 2017. In response to these developments, Prime Minister Shinzo Abe announced on Friday he will visit Japan next week as part of his efforts to improve relations with China.