In the aftermath of the Fukushima crisis, a majority of sustainability experts around the world now say that nuclear power isn’t essential to a low-carbon energy future, research released today shows.
Early indications are that the market may well share such sentiments:
Prime Minister Naoto Kan has announced that Japan is rethinking its stance on nuclear power and that renewable energy will become a cornerstone for his country’s energy policy.
Japan’s international credit rating was downgraded by Fitch last week in view of the risk the disaster poses to the country’s economic growth and the anticipated costs of cleanup.
Also last week, Chancellor Angela Merkel, once a nuclear advocate, said all 17 of Germany’s nuclear plants will close by 2022.
Continue reading at Nuclear Power Loses its Shine in a Sustainable Energy Future