

Meanwhile, in its role as the regulator supreme of the US financial sector, enshrined in law after the Great Recession, the Fed will have to think carefully about the exposure lenders have both to fossil-fuel industries and to the cost of ongoing climate change through things like extreme weather events Maintaining stable prices and full employment will get trickier as old-line, carbon-emitting industries shrink or get phased out altogether. The team estimates half of the reactor’s original fuel is still locked up inside 305/2, so it’s not great news that neutron levels have doubled in the past four years.But how that process plays out will test the Fed’s primary duties. The room below the Unit Four reactor was once known as 305/2, but now it’s a vat containing tons of this semiliquid nuclear material. The ISPNPP monitors neutron levels in the wrecked Unit Four building, which still contains a molten slurry of uranium fuel rods, zirconium cladding, graphite control rods, and melted sand. As uranium fuel nuclei split apart, they release neutrons that strike other uranium atoms, causing them to split as well. Meltdowns such as the one at Chernobyl, and more recently at Japan’s Fukushima, are the result of a runaway chain reaction. As it turns out, keeping it dry might be even worse. Ever since the meltdown and initial cleanup, engineers have worried that rainwater leaking into the building could cause another nuclear event. The organization began construction of the enormous arch-shaped NSC in 2010 (see above) with the aim of keeping the existing remains of the reactor stable for eventual dismantling, and also to keep the site dry. Ukraine’s Safety Problems of Nuclear Power Plants (ISPNPP) is currently responsible for securing Chernobyl.
