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.
Ahead of Toyota’s intended launch next year of a hydrogen fuel cell-powered car, an affiliate of the company has started construction on a hydrogen filling station in Nagoya, Japan, The Wall Street Journal reports.
Short-covering and the expiration of the front month contract helped power oil prices to a huge gain Friday. West Texas Intermediate crude for January delivery shot up 5 percent, or $2.41, to settle at $56.52 a barrel on the Nymex, while in London February Brent finished $2.11 higher at $61.38, Reuters reports.
Oilfield services company Baker Hughes reported Friday that 1,875 rigs were drilling for oil and gas in the U.S. this week, a drop of 18 and the second week in a row that the number has fallen, FuelFix reports.
Comparing present-day statistics with numbers during the oil bust in the mid-1980s has led JP Morgan Chase economist Michael Feroli to warn that Texas could slip into a regional recession next year, FuelFix reports.
Job losses in the power generation sector over the past three years topped 5,800, according to data released by the Energy Information Administration Friday, which said all parts of the industry were affected other than renewable energy, The Hill reports.
Avenue Capital, the hedge fund run by Marc Lasry that specializes in buying distressed companies’ debt, is raising $750 million for a fund that will focus on the energy sector, according to the Pennsylvania Public School Employees’ Retirement Board, which confirms it has put in $200 million, the New York Post reports.
Tesla is testing the market for battery swaps: Near California supercharging stations where Model S owners can top up their batteries for free, the company is creating a facility where drivers can pay a cost equivalent to a tank of gasoline and get a fully-charged battery installed in three minutes, The Wall Street Journal reports.
The growth of global carbon emissions slowed in 2013 -– although the total of 35.3 billion tons did set a record -- and the rate of increase tailed off despite an uptick in economic activity, says a report from the European Commission’s Emissions Database for Global Atmospheric Research, or EDGAR, according to E&E.
INEOS hopes to get commercial shale gas production under way in Britain before the end of the decade, according to documents the government released Friday, which detailed the company’s presentation to the Department of Energy and Climate Change in February, Platts reports.