Japan's Energy Policy at a Crossroads

After months of sturm und drang, on September 14 the Democratic Party of Japan (DPJ) announced a new energy policy. As the Asahi correctly argues, the policy is chock full of contradictions and escape clauses. Even so, the policy will almost certainly - perhaps in the course of this month - be adopted as is by the cabinet and frame the new “energy basic plan” put out by the Ministry of Economy, Trade and Industry (METI). The energy policy's main components, so far as much of the domestic and international debate are concerned, are a commitment to withdraw from nuclear energy by the 2030s and emphasize renewable energy. An example of international reaction is the September 14 Financial Times’ declaration that Japan's “decision to phase out nuclear power has sent shockwaves through the energy industry, and could affect everything from global gas prices to the business of making and selling solar panels

Economics · Electrical engineering · Energy policy · Engineering physics · Natural resource economics · Physics · Renewable energy · Engineering · Global Energy and Sustainability Research · Global Energy Security and Policy

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