Jun 8, 2012

Building a nation of green growth

The Noda Cabinet on May 29 endorsed the 2012 white book on the environment. It calls for promotion of electricity power generation through renewable energy sources in the Tohoku region. Given the effects of the March 11 disasters and the subsequent Fukushima nuclear crisis, ...

Mar 5, 2012

Restructuring Japan's power industry market

by Masahiko Aoki

Austrian economist Joseph Schumpeter argued that the “process of creative destruction,” whereby new industries are created by destroying the old combinations and creating new ones, is essential to drive growth. Japan’s electric power industry finds itself at such an evolutionary crossroads. The 3/11 Fukushima ...