TOKYO (AP) — Like other Japanese who were banking on this country's sweeping move toward clean energy, Junichi Oba is angry.
Oba, a consultant, had hoped to supplement his future retirement income in a guilt-free way and invested $200,000 in a 50 kilowatt solar-panel facility, set up earlier this year in a former rice paddy near his home in southwestern Japan.
Japan is hoping that it could benefit in the future from adapting technologies developed to deal with melted spent nuclear fuel in the crippled reactors at the Fukushima Dai-ichi plant, The Wall Street Journal reports.
Only a fifth of those now permitted to return to their homes near the crippled Fukushima Dai-ichi nuclear plant have actually done so, and a new government survey has found the percentage of those vowing never to return to the town of Namie in the region is growing, The Wall Street Journal reports, noting that candidates in Sunday’s gubernatorial election haven’t agreed on the best way to rebuild.
TOKYO (AP) — U.S. Commerce Secretary Penny Pritzker is urging Japan to be bolder in opening its markets to help reach a deal on a pan-Pacific trade agreement.
Pritzker, who is leading the Commerce Department's first trade mission to Japan in two decades, said Tuesday that U.S. and Japanese negotiators were closing the gap on trade in farm goods and vehicles but that there were still "tough issues" to work on.
Executives from 20 leading medical and energy technology companies paid thousands of dollars each to join the trade mission to Japan and South Korea, Pritzker's first visit to Asia as commerce secretary.
TOKYO (AP) — A prominent volcanologist disputed Japanese regulators' conclusion that two nuclear reactors were safe from a volcanic eruption in the next few decades, saying Friday that such a prediction was impossible.
A cauldron eruption at one of several volcanos surrounding the Sendai nuclear power plant in southern Japan could not only hit the reactors but could cause a nationwide disaster, said Toshitsugu Fujii, University of Tokyo professor emeritus who heads a government-commissioned panel on volcanic eruption prediction.
Speaking at a new mine opening, Australian Prime Minister Tony Abbott praised coal as "good for humanity" and touted increasing trade with Japan in a potential rebuke of new Chinese tariffs on coal imports, The Sydney Morning Herald reports.
The Japanese goal – to make all public buildings zero energy by 2020 with private buildings following in the decade after that – isn’t unrealistic, an analyst told The Wall Street Journal, which reports that Mitsubishi Chemical Corp. hopes to put side solar panels into mass production next year.
The Japanese government on Thursday released a full transcript of testimony from officials who spoke about the disaster at the Fukushima dai-ichi nuclear plant, in which the late facility manager Masao Yoshida had no problems with his staff response but complained about “idiotic politicians,” The Wall Street Journal reports.
TOKYO (AP) — A nuclear power plant in southern Japan won regulators' approval Wednesday for meeting safety requirements imposed after the 2011 Fukushima disaster, a key step toward becoming the first to restart under the tighter rules.
The Nuclear Regulation Authority formally approved an inspection report for the Sendai Nuclear Power Station's two reactors. The authority concluded that the reactors were in compliance with new regulations designed to avoid major damage during disasters such as the massive earthquake and tsunami that caused meltdowns at the Fukushima Dai-ichi plant.
Oil prices surged 8.3 percent in Friday trading as rig data suggested a slowdown in shale oil development, with Brent crude rising $3.86 to $52.99 a barrel and U.S. crude climbing $3.71 to settle at $48.24 a barrel, Reuters reports.
A survey conducted by Reuters reports that OPEC output rose by 130,000 barrels per day in January as Angola boosted exports and Persian Gulf producers kept steady or increased output, a signal that some members plan to stay the course on maintaining output despite low oil prices.
Despite the collapse of crude oil prices last year, the latest Commerce Department report of gross domestic output showed outlays for new oil rigs and wells rose 8.9 percent in the fourth quarter of 2014, even as equipment spending across all U.S. businesses fell, Bloomberg reports.
Chevron CEO John Watson, after his company reported lower profits and announced budget cuts, voiced optimism for long-term industry prospects, saying the price of oil will have to rise above $50 per barrel to support new exploration to meet energy needs, FuelFix reports.
A new poll conducted by The New York Times, Stanford University and Resources for the Future suggests that more than two-thirds of Americans, including 48 percent of Republicans, say they consider themselves more likely to support a candidate who supports action to combat climate change.
The National Biodiesel Board in a letter to the Environmental Protection Agency voiced frustration with the agency's delayed implementation of biodiesel mandates, saying the slow movement has caused some producers to reduce staff and forced others into bankruptcy, The Hill reports.
A survey of economists by Bloomberg projects that many of the world's largest crude oil exporters like Saudi Arabia, Kuwait and Qatar could see budget surpluses take hits and slip into deficits as global oil prices remain low.
Chevron, after posting a 30 percent decrease in earnings from the previous year in the fourth quarter 2014, abandoned plans to explore for shale gas in Poland, dealing a blow to efforts to develop hydraulic fracturing and shale drilling industries in Europe, The New York Times reports.
In an interview with E&E, Rep. Cynthia Lummis, R-Wyo., vice chairwoman of the Natural Resources Committee and leader of a new Interior and EPA oversight panel, discusses her familiarity with development and ranching issues in western states and her plans to limit Obama administration regulations on public land use.