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Home Front Economy
US And Japan Agree To Develop Landmark Civil Nuclear Action Plan
2007-01-15
A few days old but important for our security.
Jan 09, 2007: The United States and Japan agreed Tuesday to develop a joint civil nuclear energy action plan that would include setting up of new atomic power plants in the United States with Japanese financing. The landmark agreement was reached between US Energy Secretary Samuel Bodman and Japanese Economy, Trade and Industry Minister Akira Amari during talks in Washington. "The agreement that we have reached today on energy cooperation between Japan and the United States has become an important turning point in the global history of energy policy," Amari told reporters with Bodman by his side.
The plan is to be completed by April. Details "will be not announced and worked out for another two or three months," Bodman said. But Amari said Japan would provide financial backing for putting up the new nuclear power plants in the United States.
More than 30 such plants are reportedly under consideration following a policy change by President George W. Bush's administration promoting their construction. "We are now considering providing public financing, including export credit for the construction of new power plants in the United States," Amari said.
Rest at link.
Posted by:ed

#2  Aye, that sounds about right.
Posted by: DanNY   2007-01-15 12:09  

#1  So the Japanese will help us build nuclear power plants that fit in a thimble, and the US will help Japan build nuclear power plants that also produce nuclear warheads?
Posted by: Glenmore   2007-01-15 07:10  

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