Fukushima Fires Up Atomic Industry’s Removal-of-Liability Drive
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Japan will introduce legislation this year to ratify a controversial treaty backed by General Electric Co. and other atomic-plant manufacturers seeking protection from damage claims caused by nuclear accidents.
The treaty, known as the Convention on Supplementary Compensation for Nuclear Damage or CSC, will encourage experienced U.S. companies to assist in the cleanup and decommissioning at the Fukushima atomic accident site, Japan’s Foreign Ministry said in a statement today.