Prime Minister Yoshihiko Noda ended Japan’s month-long freeze on nuclear power, approving a reactor restart that combined with a tax increase may undermine his political support.
Two reactors at Kansai Electric Power Co. (9503)’s Ohi nuclear plant can be operated safely, Noda declared June 16 after meeting with three Cabinet ministers who share approval authority. The utility, which serves the $1 trillion economy of Japan’s second-biggest urban region, said it would immediately begin work to start one reactor.
2 Responses to Noda Ends Japan Nuclear Freeze, Risking Backlash – Businessweek
Keep those nukes coming. It sure beats coal.
This is news to support the bottoming of uranium stocks here. I will add to my CCJ, DNN, & USU positions if price continues the uptrend from here.