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To receive help, the United States essentially told Japan that they would have to incur the losses and sign a treaty which would prevent them from seeking compensation from contracted companies, like those which built and constructed the Fukushima Daiichi nuclear power plant, and instead must satisfy itself only with seeking repayment from the operator, Tokyo Electric – who is facing bankruptcy and relies largely upon the Japanese government for funds to prevent a financial meltdown. In the wording of the treaty, “the operator’s liability for nuclear damage shall be absolute”, and “the right to compensation for nuclear damage may be exercised only against the operator liable.”
Human0815
We do not expected anything else,
the Character of the USA is bad and rotten to the Core!
I hope they get no Visa for this Country.
I would be nice when the Op can explain this "Liability Act"
to the other Forum Member, when i do this with my limited
English many People would see only Red
Source
The Compensation for Nuclear Damage treaty was adopted in 1997 under the International Atomic Energy Agency and had 16 signatories as of June 24 this year, including the U.S., India and Italy.
At least five signatories must ratify the treaty to enact it.
So far, the U.S., Romania, Morocco and Argentina have ratified. So Japan joining would bring it into force, Moniz said.
Human0815
We do not expected anything else,
the Character of the USA is bad and rotten to the Core!
I hope they get no Visa for this Country.
I would be nice when the Op can explain this "Liability Act"
to the other Forum Member, when i do this with my limited
English many People would see only Red
8675309jenny
What's the old Japanese proverb?
"Fix the problem, not the blame"
Wasn't this plant built by a US consortium?
I feel like if a nation doesn't posses the known-how to develop, build and properly maintain advanced technology, they probably shouldn't be trusted to just hand it over to, after building it FOR them.
Even Germany has now committed to decommissioning ALL nuclear power stations within 10 years, and they are arguably the INVENTORS of the technology!edit on 5-11-2013 by 8675309jenny because: (no reason given)
Wrabbit2000
Oh this hits entirely new lows. Terrible new lows. I can't believe what my nation has become.
Now I didn't take the first OP source. Never heard of them...and I'm sure not forming any opinion just from that. Anyone can put up a website that looks good, right? (No offense OP...it's just that serious a story)
However, the OP source is very good about something most secondary sources aren't. They source their stuff. Here is what this is really about and I could just be sick.
Source
The Compensation for Nuclear Damage treaty was adopted in 1997 under the International Atomic Energy Agency and had 16 signatories as of June 24 this year, including the U.S., India and Italy.
At least five signatories must ratify the treaty to enact it.
So far, the U.S., Romania, Morocco and Argentina have ratified. So Japan joining would bring it into force, Moniz said.
(The first source linked at the end of the OP Article)
"As provided for in paragraph 3 of Article XVI, the United States declares that it does not consider itself bound by either of the dispute settlement procedures provided for in paragraph 2 of that Article, but reserves the right in a particular case to agree to follow the dispute settlement procedures of the Convention or any other procedures."
Article 4
Liability Amounts
Subject to Article III.1(a)(ii), the liability of the operator may be limited by the Installation State for any one nuclear incident, either:
to not less than 300 million SDRs; or
to not less then 150 million SDRs provided that in excess of that amount and up to at least 300 million SDRs public funds shall be made available by that State to compensate nuclear damage.