Japan to bring back nuclear power as major energy source


Despite widespread opposition, Japan intends to revive nuclear energy as a major source of electricity, the government disclosed today in a draft document about its long-term energy strategy.

Japan's nuclear plants were idled following the Fukushima disaster almost three years ago, which has caused the country to significantly increase its energy imports. That, in turn, has acted as a drag on GDP.

The Nikkei is +1.4% and the yen is -0.2% at 102.34.

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Comments (3)
  • DeepValueLover
    , contributor
    Comments (10977) | Send Message
     
    (OTCPK:TKECF) for the win!!
    25 Feb 2014, 05:40 AM Reply Like
  • ericsarmy
    , contributor
    Comments (58) | Send Message
     
    FCUUF!!

     

    Shameless plug. Bought shares yesterday. Good play thou.

     

    http://seekingalpha.co...
    25 Feb 2014, 05:54 AM Reply Like
  • alkmaar
    , contributor
    Comments (30) | Send Message
     
    Strategically sound decision by Japan. Way to go.
    25 Feb 2014, 03:08 PM Reply Like
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