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Over 500 Fukushima residents to file damage suit against gov’t, TEPCO (Mainichi)

Over 500 Fukushima residents to file damage suit against gov’t, TEPCO (Mainichi)

More than 500 Fukushima Prefecture residents are poised to file a damage suit against the government and Tokyo Electric Power Co. (TEPCO), the operator of the crippled Fukushima No. 1 Nuclear Power Plant, over health concerns and discrimination they suffered on the heels of the nuclear disaster. … Read entire article »

Filed under: 8.Eathquake & Nuclear accident

Japan faces nuclear shutdown for second time since Fukushima(Japan Today)

Japan faces nuclear shutdown for second time since Fukushima(Japan Today)

TOKYO —Japan may face a total nuclear shutdown in the summer for the second time since the March 2011 Fukushima disaster as the country’s two operating reactors close for maintenance and tough new safety checks keep the rest of the fleet offline. … Read entire article »

Filed under: 8.Eathquake & Nuclear accident

Active fault to scuttle Tsuruga plant(Japan Times) NRA findings may cost Japan Atomic Power dearly

Active fault to scuttle Tsuruga plant(Japan Times) NRA findings may cost Japan Atomic Power dearly

The quake fault running under reactor 2 at the Tsuruga nuclear power plant in Fukui Prefecture is probably active, a panel from the Nuclear Regulation Authority stated in a draft report Monday, effectively condemning the two-reactor complex. … Read entire article »

Filed under: 8.Eathquake & Nuclear accident

Mitsubishi to Develop 3 Solar Plants to Generate 95 Megawatts(Bloomberg)

Mitsubishi to Develop 3 Solar Plants to Generate 95 Megawatts(Bloomberg)

Mitsubishi Corp. (8058), Japan’s largest trading house by market value, today announced plans to build three solar power stations with total capacity of 95 megawatts as it deepens its presence in alternative energy. … Read entire article »

Filed under: 5.Climate Change & Carbon, 9.Energy

Solar Costs to Fall as REITs Emerge as Source of Funding (Bloomberg)

Solar Costs to Fall as REITs Emerge as Source of Funding (Bloomberg)

  A San Francisco startup may win approval as soon as this month to become the first firm allowed to raise money for solar-power projects as a REIT, the financing vehicle used in $640 billion of U.S. property ventures. … Read entire article »

Filed under: 4. Asset management & Pension, 5.Climate Change & Carbon, 9.Energy

In Davos, Shell fuel station shut down in Arctic protest (Greenpeace)

In Davos, Shell fuel station shut down in Arctic protest (Greenpeace)

I’m standing outside a Shell petrol station in Davos, looking at polar bears on the roof with a huge banner that says ARCTIC OIL – TOO RISKY. Twenty-five activists have shut down the station, some of whom are chained to the pumps. The place is surrounded by police, but it’s also been surrounded by journalists who have ducked out of the Davos meeting to hear their message about the dangers of drilling for Arctic oil. … Read entire article »

Filed under: 6CSR, 9.Energy