I've yet to blog on the Japanese situation; I'm a bit stunned and short on words.
I was watching the tsunami come ashore in real time during the wee hours of Friday morning Eastern time; I was coming off a on-line tutoring shift at 1AM and channel-surfed into the news channels as the waves were hitting the Sendai area. It was surreal, watching both Fox News and CNN carry the same helicopter footage of the wave hitting; things were too long-range to see any people, but there was an eerie sense of watching a live snuff film.
Japan is in better position to handle such things; we borrowed their term of Harbor-Wave for what we used to call tidal waves, after all. Even for them, dealing with a 9.0 earthquake close to shore created a no-win situation, killing thousands and likely tens of thousands.
Unlike the Haitians or South Asians hit by major earthquakes in the recent past, the Japanese don't need too much financial or logistical help. However, the scale of the damage may have long-term effects on the global economy, as the Japanese might wind up cashing in a lot of their foreign investments in order to import goods for rebuilding; along side that, we'll see a large disruption of their economy. This is Katrina on steroids, without the advance warning that you get for a hurricane.
The current crisis revolves around a nuclear plant in Fukushima, where three reactors have partly melted down. So far, the damage has been largely contained, with some modestly radioactive discharges used to vent the containment buildings.
This seems both discouraging and encouraging at the same time for the future of nuclear power. It's discouraging in that we have three reactors on the verge of a meltdown, but encouraging that they took the worst Mother Nature can throw at it and not go China Syndrome on us... so far. If this holds up, fears of another Chernobyl should be tamped down, although you will still have some folks worried no matter what.
Nuclear power is fairly non-polluting as long as you avoid meltdowns and major releases and figure out what to do with the plants once they are deactivated; that last part is a major work in progress, as NIMBY-itis plagues any plan to store waste long-term.
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