/ | Dec 30, 2014

China banking on projects

The key factor that has led Beijing to create the Asia Infrastructure Investment Bank is the belief that creating new demand abroad is the only way to avoid a simultaneous collapse of local governments and state corporations.

Real costs of nuclear power

/ | Dec 22, 2014

Real costs of nuclear power

Until now, Japan's power industry and the government have emphasized the lower energy costs from having nuclear plants generate the nation's electricity. And until now, consumers and business circles have bought into that myth.