Japan’s nuclear crisis will remain a major safety concern for the Japanese and the rest of the world, including investors concerned about its effect on the markets.
A CNBC analysis of how markets reacted to previous nuclear accidents may help explain and predict the impact of the emergency in Japan.
According to the International Atomic Energy Agency, there have been 22 serious nuclear plant incidents—seven deemed Level 5 or higher on the international nuclear event scale—since the first accident in 1952.
The worst, Level 7, was the April 25, 1986 meltdown at the reactor in Chernobyl. Others include:
- December 12, 1952, Chalk River, Canada: LEVEL 5
- September 29, 1957, Kyshtym, Soviet Union: LEVEL 6
- October 7, 1957, Windscale Pile, Great Britian: LEVEL 5
- March 28, 1979, Three Mile Island, Pennsylvania: LEVEL 7
- September 11, 1987, Goiânia, Brazil, LEVEL 5
- March 11, 2011, Fukushima Daiichi, Japan, LEVEL 5