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SPENDING ON NEW RENEWABLE ENERGY CAPACITY TO TOTAL $7 TRILLION OVER THE NEXT 20 YEARS (Bloomberg New Energy Finance)

London and New York, 16 November 2011 – The annual value of renewable energy capacity installed will double in real terms to $395bn in 2020, rising to $460bn in 2030, compared with $195bn in 2010 – according to analysis company Bloomberg New Energy Finance. As a result, in 20 years’ time 15.7% of total energy production will come from renewable sources (including large hydro), up from 12.6% last year. … Read entire article »

Filed under: 5.Climate Change & Carbon

Nuke plant director: ‘I thought several times that I would die'(Asahi)

Nuke plant director: ‘I thought several times that I would die'(Asahi)

Wearing a white radiation protective suit, Masao Yoshida, director of the Fukushima No. 1 nuclear power plant, took questions from reporters on Nov. 12.”During the week from March 11, I thought several times that I would die,” Yoshida, 56, admitted. … Read entire article »

Filed under: 8.Eathquake & Nuclear accident

Some investors, staff want Woodford back(Yomiuri)

Following a scandal over Olympus Corp.’s 20-year cover-up of losses on securities investments, a former executive of the company and some foreign investors have called for the return of Michael Woodford, who was dismissed in mid-October, as president. … Read entire article »

Filed under: unclassified

TEPCO shareholders ask firm auditors to sue 61 directors

TEPCO shareholders ask firm auditors to sue 61 directors

TOKYO (Kyodo) — More than 40 shareholders of Tokyo Electric Power Co. asked auditors of the utility on Monday to file a lawsuit against 61 current and former board members to have them pay a total of 5.5 trillion yen to the company as their negligence in safety caused huge losses resulting from the nuclear crisis at its Fukushima Daiichi power plant, a lawyer representing the shareholders said. … Read entire article »

Filed under: 8.Eathquake & Nuclear accident

Tepco Still Fumbling Response To Fukushima Crisis(Nikkei)

Tepco Still Fumbling Response To Fukushima Crisis(Nikkei)

TOKYO (Nikkei)–The unexpected discovery of signs of nuclear fission at the Fukushima Daiichi nuclear power plant earlier this month underscored the obstacles that Tokyo Electric Power Co. (9501) faces in trying to determine what is actually happening within the crippled reactors. … Read entire article »

Filed under: 8.Eathquake & Nuclear accident

Fukushima No. 1 tour an eye-opener Radiation dangers temper sense of stability at scene of devastation(Japan Times)

Fukushima No. 1 tour an eye-opener Radiation dangers temper sense of stability at scene of devastation(Japan Times)

By REIJI YOSHIDA:  Staff writer:  OKUMA, Fukushima Pref. — “Now 1,000 microsieverts (per hour)!” … Read entire article »

Filed under: 8.Eathquake & Nuclear accident