• 3 minutes Australian power prices go insane
  • 7 minutes Wind droughts
  • 11 minutes  What Russia has reached over three months diplomatic and military pressure on West ?
  • 15 hours Is Europe heading for winter of discontent with extensive gas shortages?
  • 6 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 14 hours What-If - Russia decided to take out the Saudi and Kuwait oilfields
  • 18 hours "As the Earth Cools, the Climate Change Hoax Heats Up" by Michelle Edwards
  • 18 hours "Natural Gas Price Fundamental Daily Forecast – Grinding Toward Summer Highs Despite Huge Short Interest" by James Hyerczyk & REUTERS on NatGas
  • 3 days "How to Calculate Your Individual ESG Score to ensure that your Digital ID 'benefits' and money are accessible"
  • 3 days "Mexico Plans to Become an Export Hub With US-Drilled Natural Gas" - Bloomberg - (See image)
  • 15 hours 87,000 new IRS agents, higher taxes, and a massive green energy slush fund... "Here Are The Winners And Losers In The 'Inflation Reduction Act'"-ZeroHedge
  • 15 hours The United Nations' AGENDA 2030 - The vision for One World Governance ...an article by the famous Dr Robert Malone
  • 21 hours PROFOUND ! "Russian Ruble relaunched linked to Gold and Commodities" by the famous Ronan Manly -- (NOTE the censorship by the MultiPolar New World Order of The Great Reset))
City A.M

City A.M

CityAM.com is the online presence of City A.M., London's first free daily business newspaper. Both platforms cover financial and business news as well as sport and…

More Info

Japan Restarts Nuclear Power Plants To Slash Emissions

Japan is set to fire up its nuclear power plants as it looks to expand its renewable energy offering amid a push to slash its emissions, its new industry minister has said today.

The efforts are a bid to cut 46 per cent of its carbon output from 2013 levels by 2030, while the country has also pledged to be carbon neutral by 2050.

“I would like to promote the maximum adoption of renewable energy, thorough energy conservation and the restart of nuclear power plants with the highest priority on safety,” newly appointed economy, trade and industry minister, Koichi Hagiuda, told his first news conference.

It comes amid a cabinet shuffle in Japan, as its government makes way for new prime minister Fumio Kishida.

The minister, formerly Japan’s education secretary, has kept up the Kishida administration’s climate promises.

Hagiuda also said his department aims to win cabinet approval of a new energy plan before the end of the month – ahead of the UN’s flagship climate conference on November 1.

Though the move to restart its nuclear power industry comes after the country’s decision in April to release more than 1m tonnes of contaminated water from the Fukushima nuclear plant into the sea.

The decision received widespread criticism, with neighbouring China labelling it “extremely irresponsible”.

Just last week the UK set out its own plan of action to bring more nuclear fusion power to the country, in a bid to help decarbonise the energy sector.

The UK is looking to muscling in on a leadership position in the development of fusion energy globally, as the power does not have to rely on wind levels to produce vast amounts of energy in a relatively ‘clean’ way.

“Fusion could be the ultimate clean power solution, representing a low carbon, safe, abundant and continuous and effectively unlimited source of energy,” the paper, issued by the Department for Business, Energy and Industrial Strategy (BEIS), said in its report.

By City AM

More Top Reads from Oilprice.com:



Join the discussion | Back to homepage



Leave a comment
  • George Doolittle on October 07 2021 said:
    "no one saw it coming."

    Too funny.
    Anyhow certainly no energy shortages in North America or Korea.

    Long $ibm International Business Machines
    Strong buy

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News