Thirteen years after Canada and other nations pledged $768-million to render the destroyed nuclear reactor safe, the cost has ballooned to $2-billion and the job still isn't done
Almost a quarter-century after its explosion killed hundreds and shocked the world, the Chernobyl nuclear reactor still sits crumbling amid an uninhabitable wasteland in northern Ukraine, still emits surprising amounts of radiation, and still absorbs vast amounts of money.
Much of that money, at least $71-million of it, has come from Canadian taxpayers, intended to pay for a project launched in 1997 under a pledge from leaders of the G-7 countries to enclose the reactor in a permanent, sealed sarcophagus.
It was meant to be finished in eight years and cost $768-million (U.S.), a symbol of a resurgent Ukraine returning to democratic government and an open economy, putting the 1986 disaster permanently in the past.
But in a story of tragic disappointment that exemplifies the web of corruption and distrust that so often ensnares relations between Ukraine and the West, 13 years later the cost of the project has ballooned to almost $2-billion and construction has not even begun.
Canadian officials describe it as a “money sink” that has fallen prey to the worst aspects of Ukraine's failed development, a physical manifestation of the once-wealthy country's political decay.
Later this year, after the G-8 conference in Huntsville, Ont., the Canadian government will be asked to make another pledge, likely in the tens of millions of dollars, in an effort to raise another $200-million to $300-million to get the job done by the end of 2012, before the reactor decays further and poses an even graver danger. While the reactor's original sarcophagus, built in a hurry after the disaster, was recently reinforced, it is a flimsy structure that could collapse, sending a radioactive dust cloud into the atmosphere. Portions of the reactor core are still exposed to open air and rainwater.
Source:theglobeandmail.com/
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