Friday, October 12, 2012

Energy Bereft Japan goes Fracking

Energy Bereft Japan goes Fracking

It is difficult not to feel sympathy for Japan’s current energy dilemma.In the early 1960s, hydrocarbon-deficient Japan eagerly embraced nuclear power, and the country now has 50 functioning reactors online, all of which two have been mothballed since the 11 March 2011 Fukushima Daiichi catastrophe, where an offshore earthquake followed by a tsunami destroyed Tokyo Electric Power Co.’s six reactor complex.Even TEPCO refers to the incident as “The Great East Japan Earthquake.”Nuclear power provided roughly a third of Japan’s…Read more...http://oilprice.com/Energy/Natural-Gas/Energy-Bereft-Japan-goes-Fracking.html

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