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At the end of the eight- to nine-year project, estimated to cost US$768 million, the Shelter will be transformed into a stable and environmentally safe system for an estimated 100 years. [ needs update ] The most visible aspect of this transformation is the construction of the New Safe Confinement .
The New Safe Confinement (NSC or New Shelter; Ukrainian: Новий безпечний конфайнмент) is a structure put in place in 2016 to confine the remains of the number 4 reactor unit at the Chernobyl Nuclear Power Plant, in Ukraine, which was destroyed during the Chernobyl disaster in 1986.
For example, the 2004 Indian Ocean earthquake and tsunami, with a death toll of around 230,000 people, cost a 'mere' $15 billion, [1] whereas in the Deepwater Horizon oil spill, in which 11 people died, the damage was six times higher. The most expensive disaster in human history is the Chernobyl disaster, costing an estimated $700 billion. [2]
The Chernobyl nuclear disaster of April 26, 1986, is predicted to continue to harm the environment for at least 180 years
The Chernobyl Shelter Fund was established in 1997 at the G8 summit ... While the original cost estimate for the SIP was US$768 million, the 2006 estimate was $1.2 ...
The Chernobyl Nuclear Power Plant sarcophagus or Shelter Structure (Ukrainian: Об'єкт "Укриття") is a massive steel and concrete structure covering the nuclear reactor number 4 building of the Chernobyl Nuclear Power Plant. The sarcophagus resides inside the New Safe Confinement structure. The New Safe Confinement is designed to ...
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Shelter costs were the "largest factor in the monthly increase in the index for all items less food and energy ... Goldman Sachs housing economists estimate that prices will appreciate 1.8% and 2. ...