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Japan battles nuclear meltdown It was fighting to contain a rapidly escalating nuclear emergency at a partial meltdown at a 40-year-old power plant Central bank to provide Y3,000bn to soothe markets . In Miyagi prefecture, at least 10,000 could be dead, with 2,000 nationally confirmed Stricken by earthquake and then tsunami, Japan now faces a third lethal peril, one with global consequences The explosion at Fukushima-the worst disaster to hit the nuclear industry since the catastrophe at Chernobyl-will fuel doubts about the 'renaissance' of the sector The earthquake cut power to the system and the tsunami failed the backup diesel generators failed and additional backup batteries soon became exhausted Fuel rods in the core were exposed to the air and overheated This produced hydrogen gas which had to be vented and when it combined with the oxygen in the outer containment building, a blast resulted, blowing the building apart In an effort to keep the core cool, it is flooded with sea water If the damaged core seriously overheats fuel could melt the bottom of the containment vessel >From Todays FTGeorge Anthony ________________________________________________ Send list submissions to: Marxism@greenhouse.economics.utah.edu Set your options at: http://greenhouse.economics.utah.edu/mailman/options/marxism/archive%40mail-archive.com
