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JBIC Signs MOU on Establishing Japan-China Energy Efficiency and Environment Fund (JBIC)

The Japan Bank for International Cooperation (JBIC; President & CEO: Hiroshi Watanabe)*1 signed on December 25 a Memorandum of Understanding (MOU) with seven entities, including Mizuho Corporate Bank, Ltd., JGC Corporation, The Export-Import Bank of China (China Exim Bank) and Tsing Capital Co., Ltd.*2, on the establishment of the Fund that would invest in the energy efficiency and environmental protection sector in the People’s Republic of China (China).  The Fund will have a 1 billion RMB (approximately equivalent to 12 billion JPY) commitment.    … Read entire article »

Filed under: 1. BANK, 5.Climate Change & Carbon

‘Absolutely no progress being made’ at Fukushima nuke plant, undercover reporter says(The Mainichi Daily News)

‘Absolutely no progress being made’ at Fukushima nuke plant, undercover reporter says(The Mainichi Daily News)

Conditions at the Fukushima No. 1 nuclear plant are far worse than its operator or the government has admitted, according to freelance journalist Tomohiko Suzuki, who spent more than a month working undercover at the power station. … Read entire article »

Filed under: 8.Eathquake & Nuclear accident

Gov’t wants to buy abandoned Fukushima land to store radioactive waste(Japan Today)

TOKYO —The government said Wednesday it would like to buy up large tracts of abandoned land in the 20-kilometer no-go zone around the stricken Fukushima Daiichi nuclear power plant in order to build long-term storage facilities for contaminated soil and radioactive waste. … Read entire article »

Filed under: 8.Eathquake & Nuclear accident

2011: a year of disaster in quotes(Japan Times)

By MARK SCHILLING:  This year produced more than its share of memorable quotes, many of which were inspired by the March 11 disaster and its aftermath. But figures from other fields, from sports to entertainment, also said things worth repeating. Here is a sampling, in chronological order: … Read entire article »

Filed under: 8.Eathquake & Nuclear accident

Govt To Inject Y31bn Into 2 Fukushima Credit Co-Ops (Nikkei)

TOKYO (Nikkei)–The government will pump 31 billion yen in public funds into two credit cooperatives based in quake-hit Fukushima Prefecture, The Nikkei learned Wednesday. … Read entire article »

Filed under: 8.Eathquake & Nuclear accident

Fukushima governor demands TEPCO decommission all its 10 nuke reactors(The Mainichi Daily News)

Fukushima governor demands TEPCO decommission all its 10 nuke reactors(The Mainichi Daily News)

FUKUSHIMA — Gov. Yuhei Sato has demanded that Tokyo Electric Power Co. (TEPCO), the operator of the crippled nuclear plant, decommission all its 10 nuclear reactors in the prefecture. … Read entire article »

Filed under: 8.Eathquake & Nuclear accident