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NEW YORK - Tokyo Electric known as Tepco took the desperate step of dumping radioactive water into the ocean. This plan is to help the workers at the plant stop the leak, by being allowed to enter the plant without being surrounded by radioactive water. Investors did not like the news and the stock has declined over 12% in early morning trade.
The plant was devastated on March 11 when an earthquake and tsunami knocked out the cooling generators in the plant which caused the plant to suffer partial meltdowns in at least 3 of its 6 reactors.
It is expected that the pumping of water will continue for two days. The government of Japan condoned the dumping and said it should not affect the safety of the sea food in the area.
Junichi Matsumoto an official at Tepco said "We think releasing water with low levels of radiation is preferable to allowing water with high levels of radiation to be released into the environment,"
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