Chernobyl Less Deadly Than Initially Feared

Some good news from this morning's Washington Post:

The long-term health and environmental impacts of the 1986 accident at the Chernobyl nuclear power plant in Ukraine, while severe, were far less catastrophic than feared, according to a major new report by eight U.N. agencies.

The governments of Ukraine, Belarus and Russia, the three countries most affected by radioactive fallout from Chernobyl, should strive to end the "paralyzing fatalism" of tens of thousands of their citizens who wrongly believe they are still at risk of an early death, according to the study released Monday.

The Chernobyl plant was the site of the world's largest nuclear disaster. The accident has caused fewer than 50 deaths directly attributable to radiation.
The Chernobyl plant was the site of the world's largest nuclear disaster. The accident has caused fewer than 50 deaths directly attributable to radiation.

The 600-page report found that as of the middle of this year, the accident had caused fewer than 50 deaths directly attributable to radiation, most of them among emergency workers who died in the first months after the accident. In the wake of the world's largest nuclear disaster, there were numerous predictions of mass fatalities from radiation.

And here's some other useful information:

Officials said that the continued intense medical monitoring of tens of thousands of people in Ukraine, Russia and Belarus is no longer a smart use of limited resources and is, in fact, contributing to mental health problems among many residents nearly 20 years later. In Belarus and Ukraine, 5 percent to 7 percent of government spending is consumed by benefits and programs for Chernobyl victims. And in the three countries, as many as 7 million people are receiving Chernobyl-related social benefits.

"The monitoring of people with incredibly low doses uses huge amounts of resources and does more psychological harm than good," said Fred Mettler, a professor of radiology at the University of New Mexico who chaired one of three health groups in the study, titled "Chernobyl's Legacy: Health, Environmental and Socio-Economic Impacts." The study, involving more than 100 scientists, was compiled by U.N. agencies, including the International Atomic Energy Agency, and representatives of the governments of Ukraine, Russia and Belarus.

UPDATE: This news is getting lots of play around the world. Click here for the search results over at Google News. And here's another take on the report that just ran on Reuters:

"What might be considered one of the few positive aspects of 'Chernobyl's legacy' is today's global safety regime," International Atomic Energy Agency (IAEA) chief Mohamed ElBaradei said in a statement. "The first lesson that emerged from Chernobyl was the direct relevance of international cooperation to nuclear safety ... It also made clear that nuclear and radiological risks transcend national borders -- that 'an accident anywhere is an accident everywhere'," the statement said. The statement, delivered by IAEA deputy director general Tomihiro Taniguchi at a conference on Chernobyl, was backed by the Chernobyl Forum made up of U.N. agencies and the governments of the worst-hit countries -- Ukraine, Belarus and Russia.

In particular, the organization that's responsible for much of this progress is the World Association of Nuclear Operators (WANO). By implementing a process that values transparency, peer review and information sharing, WANO, working from the foundation created by the Institute for Nuclear Power Operations, is helping improve safety and performance around the world. This October, NEI President and CEO Skip Bowman will be addressing WANO's Biennial Meeting in Budapest.

To learn more about how the industry improved safety standards in the wake of Three Mile Island and Chernobyl, click here and here.

ANOTHER UPDATE: Dan Drezner has some thoughts.

YET ANOTHER UPDATE: Daniel Nexon built off of Drezner's post, writing:

The real story here, actually, is a bit different than how pleased we should be about the emerging information reflecting the true magnitude of the disaster; these numbers are more indication of the irrationality of the American public's fear of nuclear power. This is one area I agree with the Bush administration: if we want to tackle a whole host of issues, including air pollution, global warming, and oil dependency, then nuclear power must be an increasingly vibrant part of our energy portfolio. The true magnitude of the Chernoybl disaster reflects how nuclear power is less deadly and dangerous, if we consider its effects over time, than many fossil fuels.

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Wednesday Update

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Nuclear Utility Moves Up in Credit Ratings, Bank is "Comfortable with Nuclear Strategy"

Some positive signs that nuclear utilities can continue to receive positive ratings even while they finance new nuclear plants for the first time in decades: Wells Fargo upgrades SCANA to Outperform from Market Perform Wells analyst says, "YTD, SCG shares have underperformed the Regulated Electrics (total return +2% vs. +9%). Shares trade at 11.3X our 10E EPS, a modest discount to the peer group median of 11.8X. We view the valuation as attractive given a comparatively constructive regulatory environment and potential for above-average long-term EPS growth prospects ... Comfortable with Nuclear Strategy. SCG plans to participate in the development of two regulated nuclear units at a cost of $6.3B, raising legitimate concerns regarding financing and construction. We have carefully considered the risks and are comfortable with SCG’s strategy based on a highly constructive political & regulatory environment, manageable financing needs stretched out over 10 years, strong partners...

NEI Nuclear Notes

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