Tuesday, April 19, 2011

Ukraine Falls Short In Fundraising Effort To Build New Containment System for Chernobyl

The existing containment sarcophagus that surrounded the badly damaged Chernobyl reactor needs to be replaced and the proposed new containment structure is likely to cost more than $1 billion and foreign donors are needed to get this critical structure built.

Despite the critical need, the effort came up short. Only $790 million was raised. With the world's attention focused on the ongoing