Friday 27 January 2012

Japan eyes first trade deficit in 3 decades!

Japan eyes first trade deficit in 3 decades! http://www.reuters.com/article/2012/01/24/us-japan-economy-trade-idUSTRE80N0QX20120124 " and let's not forget that in addition to economical problems, the increased use of fossil fuels just adds further to the CO2 emissions, air pollution and all of its consequences!!! also see: http://www.world-nuclear-news.org/NP_Japanese_trade_figures_reveal_cost_of_nuclear_shutdown_2501121.html#.TyA8ilw961E.facebook "Huge energy imports last year caused Japan to record a rare trade deficit. Manufacturing was hit by the tsunami, but the use of fossil fuels to replace shut-down nuclear plants was a bigger factor." ... " Japan has had to severely reduce its use of electricity with a big impact on domestic and industrial routines, while the utilities have switched to alternative fuels for power generation. The result has been a jump of 25.2% in fossil fuel imports, which last year made up almost one third of Japan's total overseas spending. Oil, gas and coal were all in demand from foreign markets." ... "The figures may help Japanese leaders make a strong case for restarting operable nuclear power plants, should these be acknowledged by regulators as having passed the two-stage program of stress tests. The government has invited the International Atomic Energy Agency to discuss and comment on the stress test program.
Japan is currently in the process of developing a new energy policy, which will see energy efficiency and renewable technologies prioritised alongside stalwart nuclear and fossil fuels. Leaders have been frank in dismissing any hopes of meeting climate change targets."

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