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Unreported News: Motion to Dump Japan’s Nuclear Power Plants

Posted by feww on May 4, 2011

Posted by FIRE-EARTH  on May 3, 2011

Shut Nuclear Plants: Electric Power Co Stockholders

As of posting, NONE of the news agencies or major media in the U.S. has carried news of Japan’s electric power companies stockholders calling for closures of nuclear plants in  that country.

Shareholders of five electric power companies in Japan are demanding the utilities to decommission their nuclear power plants following the nuclear disaster at Fukushima Daiichi power plant, NHK reported.

Some 400 shareholders of the Tokyo Electric Power Company (TEPCO), which operates the Fukushima NPP, have submitted an official petition calling for the abolition of the company’s nuclear power plants.

“Shareholders of at least four other power companies—Kansai Electric, Chugoku Electric, Kyushu Electric and Tohoku Electric—have made similar proposals.” Said the report.

The move follows a similar action by a group of 232 shareholders of Tohoku Electric company who submitted a motion on Monday calling for the company to abolish its nuclear power plants, Japan’s JiJi press reported.

The group argued that the risks of operating nuclear power plants far outweigh the full extent of liabilities that any single company could afford, and urged the company to decommission its nuclear power plants and to withdraw its investment in the spent nuclear fuel reprocessing plants, the report said.

“The power companies are expected to examine the proposals and submit them to a vote at their annual shareholders’ meeting. The meetings are typically held by the end of June.” NHK reported.

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2 Responses to “Unreported News: Motion to Dump Japan’s Nuclear Power Plants”

  1. Kevin Hoggett said

    Japan has ample opportunities for thermal steam to produce electricity since they are on the pacific rim. They have underground heat sources everywhere. Nuclear, like the report states too expensive when things go wrong. The cost to life is unbearable.

    • feww said

      That’s right! It also has vast potentials for solar, wind and tidal power.

      However, its energy policy is dictated by the global nuclear mafia.

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