PDN 6.15% $13.98 paladin energy ltd

japan approves energy plan

  1. 440 Posts.
    As predicted. Now I know why PDN is rising......

    http://www.reuters.com/article/2014/04/11/us-japan-energy-nuclear-idUSBREA3A02V20140411

    Japan's Cabinet on Friday approved a new energy policy, reversing the previous government's plans to gradually mothball nuclear power plants following the 2011 Fukushima disaster.

    The plan defines nuclear as an "important baseload power source" and also says Japan will do as much as possible to increase renewable energy supplies, Industry Minister Toshimitsu Motegi told a news conference after the Cabinet meeting.
 
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