Japan has some of its industry curtailed, like auto and steel — but that’s not going to last too long. People are starting to realize that there [sic] economy is not going to be shut down for long — and they’re going to have to start to look for alternative fuel sources.INFA Energy Brokers CEO Brad Schaeffer • Suggesting that Japan will have to switch its energy sources to an alternative source. But Schaeffer means “alternative” in the way one might call a band like Nickelback “alternative” — see, he thinks that Japan should move to oil. “Remember, they need to get their nation back on their feet,” he says. “They aren’t worrying about their carbon footprint so much. They’re thinking we need to get oil here now – so we can get our generators up and running.” While there’s some grain of truth here, we wonder how much of what he’s saying is wishful thinking, seeing that he’s the CEO of an energy-brokering company. Quotes like these? They seriously make us cringe. source (via • follow)
» If this is true: This makes this the most expensive earthquake in Japan’s history, handily topping the $100 billion cost of the 1995 Kobe earthquake.
Here is the recap for Sunday evening to Monday morning. For the previous recap, click here.
- Exclusive video: A panoramic view of tsunami damage in Japan
- Video: Dog tries to escape massive tsunami wave
- Photo: Baby examined for radiation at nuclear shelter
- Photo: Man finds car, hopes to find missing family following tsunami
- Photo: Lone man walks through destroyed village
- Photo: Body of man killed by tsunami in Iwaki Prefecture
- Photo: Severe road damage in Asahi City
- Photo: NHK says a million could be missing in Japan
- Photo: US Air Force conducts search mission over Sendai Airport
- Photo: Satellite image of damaged nuclear reactors at Fukushima
- Graphic: Nikkei sharply falls on second day of trading in Japan
- Story: Chinese journalists stranded in Japan without fuel, food
- Story: Radiation detected 280 kilometers from Fukushima nuke plant
- Story: Journalists evacuate from Fukushima nuclear power plant
As always, ProducerMatthew finds the best content. Thanks again to him for posting for us overnight!
» It’s no longer at its peak, and that’s a good thing: The International Atomic Energy Agency says that the decrease happened over a six-hour period. And the IAEA makes a good point that you should keep in mind. “This is a high dose-level value, but it is a local value at a single location and at a certain point in time,” they say. In other words, even if you’re within the 20-mile radius where radiation is likely to hit, the level will most assuredly be far lower than these peak levels. It’s still high, though – one milli-sievert per hour is equal to the yearly legal limit of radiation you’re supposed to get. (see our earlier posts about this topic here and here)