Japan PM Calls for Careful Cutback on Nuke Energy

AP reports the Japanese Prime Minister Naoto Kan called for a long-term and careful effort to cut back on nuke energy.

The market news is quoted as saying:

Responding to concerns raised by Japan’s March 11 tsunami, Kan called for investment in renewables, a re-examination of the national policy promoting the private development of nuclear power and a reworking of the control regional power companies have over their markets.

His broad-brush announcement calls for a “planned and gradual” reduction of nuclear dependence by 2050 and is an attempt to unify the government’s stance on nuclear policy.

“We aim for a society that does not depend on nuclear power,” Kan said. “It is very important for us to have a meaningful debate on this issue.”

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