Saturday 20 August 2011

august 20 - Japan's Costly Shift to Fossil Fuels as its Nuclear Program Fades

The New York Times (which I read every day online) has a great article which indirectly supports Ontarios' Green Energy Act. Here is the link and an excerpt.
http://www.nytimes.com/2011/08/20/business/energy-environment/quake-in-japan-is-causing-a-costly-shift-to-fossil-fuels.html?_r=1&hpw=&pagewanted=all


"Japan, the world’s third-largest user of electricity behind China and the United States, had counted on an expansion of nuclear power to contain energy costs and greenhouse gas emissions. Instead, its nuclear program is in retreat, as the public and government officials urge a sharp reduction in the nation’s reliance on nuclear power and perhaps an end to it altogether.
As its nuclear program implodes, Japan is grappling with a jump in fuel costs, making an economic recovery from the March earthquake and tsunami all the more difficult. Annual fuel expenses could rise by more than 3 trillion yen, or about $39 billion, the government says. But as it doubled down on nuclear power plants, Japan was slow to develop alternative forms of energy, like solar or wind power, which account for just 1 percent of its electricity supply."
Let's make sure we don't end up in the same boat; let's continue and expand our Green Energy!


No comments:

Post a Comment