
“Japan is rejoining the group of nations using atomic power as it sweeps aside public opposition and fires up one of the reactors shuttered for safety upgrades after the Fukushima nuclear disaster more than four years ago. The initial reaction of Japan’s government after Fukushima was the same as Germany’s — phase out nuclear power. When elections then put Prime Minister Shinzo Abe in charge, this policy was changed. The economics show one of the reasons. The loss of nuclear forced Japan to switch on power plants running on fossil fuels. As a result, import costs for liquefied natural gas, coal and oil ballooned causing four years of trade deficits that hit a record $103 billion last year.”
Related posts:
Rep. Grayson: 'We Are Not The World's Policemen, Judge, Jury, Or Executioner'
Neuroscientists discover how to implant false memories in the brain
Jim Rogers: Is Gold Hitting Bottom?
Faulty Government Websites Confront Needy in Search of Aid
Bond bubble threatens financial system, Bank of England director warns
Dark side of Ca. pot legalization: a bonanza of government jobs
Twin gets life for killing man to steal his Magic cards worth $100K
Imminent Iran nuclear threat? A timeline of warnings since 1979.
HealthCare.gov: How political fear was pitted against technical needs
Bloomberg Says Interpretation of Constitution Will ‘Have to Change’ After Boston Bombing
Looking to spend those hard-earned Bitcoins? Victoria diner takes cybercurrency
Former Fed chief Alan Greenspan warns of bond market bubble
Why are British investors being forced to fill in US tax forms?
Poll: Public doubts rise on surveillance, privacy
Growing Public Employee Benefits Forcing School Cuts