Japan Set To Introduce Landmark Renewable Energy Law

Japan’s parliament is set to approve a landmark bill on renewable energy championed by Prime Minister Naoto Kan as a way to reduce the nation’s dependence on nuclear power following the worst nuclear plant accident in the country’s history, and which would break the monopoly of the 10 major utilities.

The final passage of the bill, which aims to bolster investment in renewable energy, is expected by the end of the month. Ironically, it paves the way for the highly unpopular Kan to step down.

Its main feature is a requirement that utilities purchase power from outside providers such as private companies or cooperatives under certain circumstances. This is seen as opening the door for much greater use of renewable energy, an area where Japan lags, accounting for just 9% of total supply.

Read the rest of the story: Japan Set To Introduce Landmark Renewable Energy Law.

Leave a Reply

Your email address will not be published.