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Nuclear Expansion on Track Despite Fukushima

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"Strong expansion of nuclear power as a carbon-free energy source in Asia is expected to press ahead despite the Fukushima accident in Japan that soured sentiment in some countries, a benchmark report said on Thursday."

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Reuters, Eric Onstad

Strong expansion of nuclear power as a carbon-free energy source in Asia is expected to press ahead despite the Fukushima accident in Japan that soured sentiment in some countries, a benchmark report said on Thursday.

An earthquake and tsunami crippled the Fukushima plant in February 2011, leading to the closure of Japan's 50 reactors and spurring Germany to pledge to close all of its nuclear reactors by 2022.

Nuclear energy had been gaining momentum as an energy source for nations seeking to reduce harmful carbon emissions, but the Japanese accident caused second thoughts in some countries.

World nuclear capacity is, however, expected to grow by 44% to 99% by 2035, according to a biennial report from the United Nations nuclear body and the Organisation for Economic Cooperation and Development.. . .View Full Article


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