Wednesday, August 24, 2011

Good News From Fukushima

One good thing to come out of Fukushima is Japan's increased enthusiasm for moving to renewable energy. The Japanese parliament has voted to support renewable energy to the tune of 10 trillion yen ($124 billion Australian).

Apart from helping Japan move more quickly to renewables, it is expected that this move (in combination with China's strong support for renewables) will help world renewable energy prices come down even quicker than they are already.

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