Friday, May 06, 2005

Flip, Flop, Flip: Japan & EU Reach ITER Accord

... according to the Yomiuri Shimbun (PDF, thanks to The FIRE Place for the link). Lots of concessions by the EU, but none of it a surprise; the "losing party" (i.e., Japan) will
  • receive a 57 billion yen order for work on the main reactor
  • supply 20% of the workers for the facility
  • get additional related facilities, such as the (crucial) materials research facility
  • pay only 10% of the costs, with France picking up 50%. China, Russia, South Korea and the US will split the remaining 40%.