a good read......japan....startups
https://www.u3o8.biz/s/MarketCommentary.asp?ReportID=648158&_Type=Market-Commentary&_Title=Japans-New-Energy-Plan-Could-be-Positive-for-Uraniums-Future Sadowski also said, "we believe that NRA approvals on [the first] units may come as soon next week as part of the Japan Atomic Industrial Forum in Tokyo." Cantor Fitzgerald analyst Rob Chang has similar views regarding the energy plan's approval, commenting in a note to investors, "[w]e did see this as a rubber stamp however it did take longer than we thought. We expect 2-6 reactors to be approved and/or restarted this year --- two in the next three months." Others are more wary. Reuters points out that high upgrade costs, local opposition and seismic risks could mean that many reactors will stay closed despite the recent announcement, while Paris-based independent energy consultant Mycle Schneider told the publication, "I think it is unavoidable that the Japanese utilities will write off most of their nuclear 'assets' and move on." However, Japan's resource-poor economy cannot continue to support current levels of spending on the costly fossil fuels that have replaced nuclear since the reactor shutdowns. As Akio Mimura, chairman of the Japan Chamber of Commerce and Industry, stated, "t is essential to quickly recover a low-cost and stable power supply system by restarting reactors whose safety is confirmed."