Crushed By Soaring Energy Costs, Japan Prepares To Reactivate Its Nuclear Power Plants

Crushed By Soaring Energy Costs, Japan Prepares To Reactivate Its Nuclear Power Plants

In what was painfully obvious to everyone with half a brain months ago (see here) Japan's desperate gambit at reflating would backfire massively by sending energy prices soaring in a world in which Japan no longer has access to internally producer, nuclear power plants and is forced to import all of its energy from abroad. For a glimpse of the horrors awaiting Japan's utilities and those consumers

78 by Tyler Durden / 1h http://www.zerohedge.com/news/2013-05-19/crushed-soaring-energy-costs-japan-prepares-reactivate-its-nuclear-power-plants?utm_source=feedly