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Tokyo CNN —Japan will begin releasing treated radioactive water from Fukushima into the ocean as early as Thursday, officials announced on Tuesday, following months of heightened public anxiety and pushback from many neighboring countries. Since then, new water has been pumped in to cool fuel debris in the reactors, while ground and rainwater have leaked in, creating more radioactive wastewater. The real issue is a hydrogen isotope called radioactive tritium, which cannot be taken away. Many other countries, including the United States, regularly release treated wastewater containing small amounts of tritium from their nuclear plants. One expert, who helped Pacific Island nations review and assess the wastewater release plan, told CNN it was “ill-advised” and premature.

Persons: Fumio Kishida, hasn’t, Kishida, “, ” Organizations: Tokyo CNN —, United Nations ’ International Atomic Energy Agency, IAEA, Tokyo Electric Power Company, Authorities, TEPCO, CNN Locations: Tokyo CNN — Japan, Fukushima, China, South Korea, Japan, United States

☆ Japan PM to meet fishing industry leaders over Fukushima water
▼ + stars: | 2023-08-21 | by ( ) www.reuters.com time to read: +2 min

Japan's Prime Minister Fumio Kishida visits the tsunami-crippled Fukushima Daiichi nuclear power plant in Okuma town, Fukushima prefecture, Japan August 20, 2023, in this photo released by Kyodo. Mandatory credit Kyodo via REUTERS Acquire Licensing RightsTOKYO, Aug 21 (Reuters) - Japanese Prime Minister Fumio Kishida will on Monday meet fishing industry representatives in a bid to convince them of the safety of treated radioactive water due to be released from the wrecked Fukushima nuclear power plant into the sea. The water has been treated to remove most radioactive elements except for tritium, a hydrogen isotope that must be diluted because it is difficult to filter. Despite such assurances, the prospect of more than a million tons of water being pumped into the Pacific from the nuclear plant owned by Tokyo Electric Power Company (9501.T) has raised alarm. Japanese Industry Minister Yasutoshi Nishimura is due to meet the same fishing industry leaders before the Kishida meeting.

Persons: Fumio Kishida, Yasutoshi Nishimura, Satoshi Sugiyama, Elaine Lies, Muralikumar Organizations: Japan's, Kyodo, REUTERS Acquire, Rights, International Atomic Energy Agency, IAEA, Tokyo Electric Power Company, Citizens, Japanese Industry, Thomson Locations: Okuma, Fukushima prefecture, Japan, Tokyo, China, South Korea

☆ Japan's Kishida to meet fishermen on Fukushima water release plan
▼ + stars: | 2023-08-20 | by ( ) www.reuters.com time to read: +2 min

[1/2] Japan's Prime Minister Fumio Kishida visits the tsunami-crippled Fukushima Daiichi nuclear power plant in Okuma town, Fukushima prefecture, Japan August 20, 2023, in this photo released by Kyodo. Mandatory credit Kyodo via REUTERS Acquire Licensing RightsTOKYO, Aug 20 (Reuters) - Japanese Prime Minister Fumio Kishida said he will meet fishermen as soon as Monday to seek their understanding of the government's plan to release radioactive water from the wrecked Fukushima nuclear plant into the Pacific. He said his government would make every effort to ensure the safety of the water release and counter reputational damage. Releasing the water is a key step in decommissioning the Fukushima Daiichi plant and revitalising Fukushima, he added. The prime minister declined to say when it would begin.

Persons: Fumio Kishida, Kishida, Tom Bateman, Yuka Obayashi, William Mallard Organizations: Japan's, Kyodo, REUTERS Acquire, Rights, Tokyo Electric Power, Tepco, International Atomic Energy Agency, IAEA, Thomson Locations: Okuma, Fukushima prefecture, Japan, South Korea, China

An aerial view shows the Fukushima Daiichi nuclear power plant following a strong earthquake, in Okuma town, Fukushima prefecture, Japan in this photo taken by Kyodo on March 17, 2022. Members of a group that tracks such levels in food and seawater, they fear Japan's plans to release treated radioactive water into the sea near the Fukushima nuclear plant could stir an anxiety among residents reminiscent of the 2011 disaster. "The people of Fukushima endured the risks for the last 12 years and have confirmed the radiation level has dropped," said Ai Kimura, director of non-profit group Mothers' Radiation Lab Fukushima, also known as Tarachine. Japan is preparing this summer to start discharging into the Pacific more than a million tons of water from the tsunami-crippled power plant, but has not yet revealed the date. Reporting by Kiyoshi Takenaka, Akiko Okamoto and Tom Bateman; Editing by Chang-Ran Kim and Clarence FernandezOur Standards: The Thomson Reuters Trust Principles.

Persons: Ai Kimura, Kimura, what's, Kimura's, Kiyoshi Takenaka, Akiko Okamoto, Tom Bateman, Chang, Ran Kim, Clarence Fernandez Organizations: Kyodo, Rights Companies Tokyo Electric Power Company Holdings, Tokyo Electric Power, Thomson Locations: Okuma, Fukushima prefecture, Japan, IWAKI, Fukushima, Iwaki, Pacific, China, Tarachine

By accepting an International Atomic Energy Agency (IAEA) report last month that greenlit Japan's Fukushima water release, Yoon could encourage fresh dissent that China will try to amplify, analysts say. On Monday, Park Gu-yeon, vice minister of government policy coordination at the prime minister's office, said both sides have made "substantial progress" on the water release issue. A senior South Korean official, speaking on condition of anonymity because of diplomatic sensitivity, said the government did not see it as a source of friction. "China absolutely will try to exploit Fukushima to drive a wedge between South Korea and Japan," said David Boling, a director at consulting firm Eurasia Group. In July, Chinese foreign ministry spokesman Wang Wenbin said Japan had shown selfishness and arrogance, and had not fully consulted the international community about the water release.

Persons: Rafael Mariano Grossi, Kobayakawa, Joe Biden, Yoon Suk Yeol, Fumio Kishida, Biden, David, Yoon, Japan Rahm Emanuel, Moon Jae, Christopher Johnstone, Antony Blinken, they've, David Boling, Joshua Kurlantzick, Wang Wenbin, Hirokazu Matsuno, Tim Kelly, Sakura Murakami, Hyonhee Shin, Josh Smith, David Brunnstrom, Trevor Hunnicutt, Ekaterina Golubkova, Lun Tian, Yoshifumi, Gerry Doyle Organizations: International Atomic Energy Agency, Tokyo Electric Power Co, Japanese, Reuters, U.S, IAEA, Biden's National Security Council, Center for Strategic, International Studies, Japan, South Korean, South, Gallup, Eurasia Group, Council, Foreign Relations, Global Times, Thomson Locations: Futaba, Japan, TOKYO, SEOUL, South Korea, Tokyo, China, Washington, East Asia, Taiwan, Beijing, Russia, North Korea, United States, Australia, Britain, Seoul, Seoul . U.S, Fukushima, Korean

☆ South Korean activists protest against Fukushima water discharge
▼ + stars: | 2023-08-12 | by ( ) www.reuters.com time to read: +2 min

[1/5] South Korean activists take part in a protest against Japan's plan to release treated waste water from the Fukushima nuclear power plant into the ocean, in central Seoul, South Korea, August 12, 2023. The signs read "Nuclear power plant is the problem". REUTERS/Kim Hong-JiCompanies Tokyo Electric Power Company Holdings Inc FollowSEOUL, Aug 12 (Reuters) - Hundreds of South Korean activists gathered in central Seoul on Saturday to protest against Japan's plan to release treated radioactive water from the tsunami-wrecked Fukushima nuclear power plant into the ocean. U.S. President Joe Biden will meet Japanese Prime Minister Fumio Kishida and South Korean President Yoon Suk Yeol for a trilateral summit on Aug. 18. The governments of South Korea, the U.S., and Japan should view it an environmental disaster, rather than a political issue, and agree to block it... for future generations," Choi said.

Persons: Kim Hong, Choi Kyoungsook, Joe Biden, Fumio Kishida, Yoon Suk, Choi, Gyun Kim, Joyce Lee, Raju Gopalakrishnan Organizations: South, Ji Companies Tokyo Electric Power Company Holdings, Korean, Asahi Shimbun, Korea Radiation Watch, Tokyo Electric Power, International Atomic Energy Agency, Japanese, Thomson Locations: Seoul, South Korea, Korea, Japan, U.S

☆ Japan to start Fukushima water release as early as late August, Asahi Shimbun reports
▼ + stars: | 2023-08-06 | by ( ) www.reuters.com time to read: +1 min

Ventilation stacks and cranes at the disabled Fukushima Dai-ichi nuclear power plant are seen from a beach in Namie, about 7 km away from the power plant, in Fukushima Prefecture, Japan, February 28, 2023. REUTERS/Kim Kyung-Hoon/File PhotoTOKYO, Aug 7 (Reuters) - Japan plans to start releasing treated radioactive water from the tsunami-wrecked Fukushima nuclear power plant into the ocean as early as late August, Japan's Asahi Shimbun daily reported on Monday, citing unnamed government sources. Japan's nuclear regulator last month granted approval for plant operator Tokyo Electric Power (9501.T) to start releasing the water - which Japan and the International Atomic Energy Agency say is safe but nearby countries fear it may contaminate food. Bottom trawling fishing is scheduled to start off Fukushima, northeast of Tokyo, in September, and the government aims to start the water discharge before the fishing season gets underway, the newspaper said. Reporting by Kiyoshi Takenaka; editing by Diane CraftOur Standards: The Thomson Reuters Trust Principles.

Persons: Kim Kyung, Fumio Kishida, Joe Biden, Yoon Suk, Kiyoshi Takenaka, Diane Craft Organizations: REUTERS, Asahi Shimbun, U.S, South, Tokyo Electric Power, International Atomic Energy Agency, Thomson Locations: Fukushima Prefecture, Japan, United States, Fukushima, Tokyo

☆ Japan's nuclear regulator approves Tepco's release of Fukushima water
▼ + stars: | 2023-07-07 | by ( ) www.reuters.com time to read: 1 min

TOKYO, July 7 (Reuters) - Japan's nuclear regulator granted approval on Friday for utility Tokyo Electric Power Co (Tepco), which ran the destroyed Fukushima Daiichi nuclear power plant, to start releasing more than a million tonnes of radioactive water. On Tuesday, the global watchdog, the International Atomic Energy Agency (IAEA), said a two-year review showed Japan's plan for the release would have negligible environmental impact. The Japanese regulator's certificate is the final step the utility required to begin the process. Reporting by Elaine Lies; Editing by Clarence FernandezOur Standards: The Thomson Reuters Trust Principles.

Persons: Elaine Lies, Clarence Fernandez Organizations: Tokyo Electric Power Co, International Atomic Energy Agency, IAEA, Thomson Locations: TOKYO

☆ UN nuclear agency endorses Japan's plan to release treated radioactive water into the Pacific Ocean
▼ + stars: | 2023-07-05 | by ( ) www.cnbc.com time to read: +1 min

Unit 3 and unit 4 reactor buildings and storage tanks for contaminated water at the Tokyo Electric Power Company (TEPCO) Fukushima Daiichi nuclear power plant in Okuma, Fukushima prefecture. The U.N. nuclear agency gave its endorsement on Tuesday to Japan's planned release of treated radioactive wastewater into the sea from the damaged Fukushima nuclear plant, saying it meets international standards and its environmental and health impact would be negligible. The plan is opposed by groups in South Korea, China and some Pacific Island nations because of safety concerns and political reasons. However, it concluded that the water release as currently planned "will have a negligible radiological impact on people and the environment." Japan's plan and the equipment for the discharge are "in conformity with the agreed international standards and its application," Grossi said.

Persons: Japan's, Rafael Mariano Grossi, Fumio Kishida, Grossi Organizations: Tokyo Electric Power Company, International Atomic Energy Agency Locations: Fukushima, Okuma, South Korea, China, United States, France

☆ Japan to get crucial UN verdict for Fukushima water release
▼ + stars: | 2023-07-04 | by ( ) www.cnbc.com time to read: +2 min

Construction site of the unit 5,6 seaside facilities of the Tokyo Electric Power Company's (TEPCO) Fukushima Daiichi nuclear power plant, in Okuma of Fukushima prefecture. Japan is set to receive a report from a U.N. nuclear watchdog on Tuesday approving its plan to release treated radioactive water from the tsunami-wrecked Fukushima plant into the ocean despite fierce resistance from Beijing and some local opposition. Japan has not specified a date to start the water release, which will take 30 to 40 years to complete, pending the IAEA's review and official approval from the national nuclear regulatory body for Tokyo Electric Power . Through its embassy in Japan, Beijing on Tuesday said the IAEA's report cannot be a "pass" for the water release and called for the plan's suspension. Japan maintains the process is safe as it has treated the water — enough to fill 500 Olympic-sized swimming pools — used to cool the fuel rods of the Fukushima plant after it was damaged by the earthquake and tsunami in 2011.

Persons: Rafael Grossi, Fumio Kishida, Yoshimasa Hayashi Organizations: Tokyo Electric Power, International Atomic Energy Agency Locations: Fukushima, Okuma, Fukushima prefecture, Japan, Beijing

☆ Explainer: How Japan plans to release Fukushima water into the ocean
▼ + stars: | 2023-07-04 | by ( ) www.reuters.com time to read: +2 min

The water was distilled after being contaminated from contact with fuel rods at the reactor, destroyed in a 2011 earthquake. Tanks on the site now hold about 1.3 million tonnes of radioactive water - enough to fill 500 Olympic-sized swimming pools. Tepco will dilute the water until tritium levels fall below regulatory limits before pumping it into the ocean from the coastal site. Water containing tritium is routinely released from nuclear plants around the world, and regulatory authorities support dealing with the Fukushima water in this way. Fishing unions in Fukushima have urged the government for years not to release the water, arguing it would undo work to restore the damaged reputation of their fisheries.

Persons: Gerry Doyle Organizations: Tanks, Electric Power Company, Tepco, Tokyo, Thomson Locations: TOKYO, Japan, Fukushima, China

CNN —Japan will soon begin releasing treated radioactive water into the ocean following approval from the United Nations’ nuclear watchdog for a controversial plan that comes 12 years after the Fukushima nuclear meltdown. Radioactive wastewater contains some dangerous elements, but the majority of these can be removed from the water, said TEPCO. The real issue is a hydrogen isotope called radioactive tritium, which cannot be taken away. A survey by Asahi Shimbun in March found that 51% of 1,304 respondents supported the wastewater release, while 41% opposed it. People in Tokyo protest against the Japanese government's plan to release nuclear wastewater into the sea on May 16, 2023.

Persons: Rafael Grossi, Fumio Kishida, Daniel Campisi, Grossi, ” Robert H, Richmond, ”, ” Grossi, “, Han Duck, Yonhap, aren’t, Tim Mousseau, Wang Yiliang, Zhang Xiaoyu Organizations: CNN, United Nations, International Atomic Energy Agency, IAEA, UN, Tokyo Electric Power Company, TEPCO, Canadian Nuclear Safety Commission, US Nuclear Regulatory Commission, Kewalo, Laboratory, University of Hawaii, Forum, World Health Organization, State Department, Atomic Energy Council, Pacific Islands Forum, Korean, US, Nuclear Regulatory Commission, University of South, Reuters, Getty, Asahi Shimbun, – Locations: Japan, Fukushima, China, Manoa, Richmond, Asia, Pacific, California, Taiwan, Australia, New Zealand, University of South Carolina, South Korea, Seoul, Xinhua, Tokyo

☆ Japan to get crucial U.N. verdict for Fukushima water release
▼ + stars: | 2023-07-04 | by ( Sakura Murakami | ) www.reuters.com time to read: +2 min

Japan has not specified a date for the water release, pending the IAEA's final review and official approval from the national nuclear regulatory body for Tokyo Electric Power (Tepco) (9501.T). Through its embassy in Japan, Beijing on Tuesday repeated the protest, saying the IAEA's report cannot be a "pass" for the water release and calling for the plan's suspension. Japan plans to release 1.3 million tonnes of water used to cool the fuel rods of the Fukushima plant damaged by a massive earthquake and tsunami in 2011. The treated water will be diluted to well below internationally approved levels of tritium before being released into the Pacific Ocean. Nuclear power plants around the world regularly release waste water containing tritium above the concentration of TEPCO's treated water.

Persons: Rafael Grossi, Fumio Kishida, Sakura Murakami, Martin Pollard, Chang, Ran Kim, Gerry Doyle Organizations: International Atomic Energy Agency, IAEA, Tokyo Electric Power, Local, Thomson Locations: TOKYO, Japan, China, Beijing, South, Tokyo

☆ Japan calls for power saving for Tokyo households, industries during summer
▼ + stars: | 2023-06-09 | by ( ) www.reuters.com time to read: +1 min

TOKYO, June 9 (Reuters) - The Japanese government on Friday called for households and industries around Tokyo to save electricity in July and August to ensure a stable power supply during the peak summer season, though it did not set any numerical targets. The country's power market is predicted to be less tight this summer in most of the regions than last summer when the government asked for energy conservation across the nation, according to the industry ministry's forecast in May. But the ministry has decided to ask for the power saving "within a reasonable range" during the two months in the areas, where power is supplied by the Tokyo Electric Power Company Holdings (9501.T), as the reserve ratio is estimated to be below 5%, close to the minimum 3% that ensures stable supply. The reserve capacity ratio below 3% risks power shortages and blackouts. Reporting by Yuka Obayashi; Editing by Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.

Persons: Yuka Obayashi, Stephen Coates Organizations: Tokyo Electric Power Company Holdings, Ministry, Economy, Trade, Industry, Thomson Locations: TOKYO, Tokyo, Japan

☆ Japan's Nikkei closes at 33-year high; firm Wall Street lifts appetite
▼ + stars: | 2023-06-05 | by ( ) www.reuters.com time to read: +2 min

The Nikkei index (.N225) jumped 2.2% to end at 32,217.43, its highest close since July 1990 and posted its biggest daily gain since Jan. 18. "The market was supported by the gains in the U.S. market on Friday. That helped keep the money flowing into risk assets in Japan," said Shigetoshi Kamada, general manager at the research department at Tachibana Securities. Hence, when U.S. shares rise, there is no reason for not buying Japanese stocks, Kamada added. All but one of the Tokyo Stock Exchange's 33-sector sub-indexes rose, with machineries (.IMCHN.T) rising 3.12% to lead the gains.

Persons: Shigetoshi Kamada, Kamada, Fanuc, Junko Fujita, Janane Venkatraman, Sohini Organizations: Nikkei, Bank of Japan, Tachibana Securities, The Bank of, Reserve, Tokyo, Screen Holdings, Tokyo Stock, Utilities, Tokyo Electric Power Holdings, Thomson Locations: TOKYO, U.S, Japan, The Bank of Japan, Washington, Philadelphia

☆ A remote-working employee of the world's biggest nuclear power plant left important documents on the roof of his car before driving off. It could delay a Tepco plant restart.
▼ + stars: | 2023-05-25 | by ( Huileng Tan | ) www.businessinsider.com time to read: +2 min

A Tepco nuclear plant employee in Japan left work documents on the roof of his car before driving off. The incident could thwart efforts to restart the world's largest nuclear plant on Japan's west coast. But the incident could thwart efforts to restart the Kashiwazaki-Kariwa nuclear power plant, which had been offline since 2012 amid strict nuclear energy regulations and safety lapses following the Fukushima nuclear disaster in 2011, per Bloomberg. The Fukushima disaster was the second worst nuclear accident in the history of nuclear power generation after Chernobyl in the former Soviet Union in 1986. Just last week, Japan's Nuclear Regulation Authority decided to keep a de facto ban on the Kashiwazaki-Kariwa facility, according to various media reports, including broadcaster NHK.

Organizations: Service, Electric Power, Tepco, Bloomberg, Soviet Union, Authority, NHK Locations: Japan, Wall, Silicon, Niigata

☆ South Korean experts to visit Fukushima nuclear plant, Japan says
▼ + stars: | 2023-05-19 | by ( ) www.reuters.com time to read: 1 min

TOKYO, May 19 (Reuters) - A team of around 30 South Korean experts will visit Japan during May 22-25 to inspect facilities related to water release from the wrecked Fukushima Dai-ichi nuclear power plant, Japan's foreign ministry said on Friday. The visit was agreed during Japanese Prime Minister Fumio Kishida's visit to Seoul earlier this month as his counterpart, South Korea's President Yoon Suk-yeol, is seeking to improve relations with Japan after years of tensions. Japan plans to release the water from Tokyo Electric Power Co's (9501.T) Fukushima plant, which was destroyed during the 2011 nuclear disaster, into the sea sometime "around this spring or summer, raising concerns in neighbouring countries. Reporting by Kantaro Komiya; Editing by Jacqueline WongOur Standards: The Thomson Reuters Trust Principles.

☆ Japan nuclear disaster: Fukushima's fishing industry fears Tokyo's next move may finish it off
▼ + stars: | 2023-04-19 | by ( Emiko Jozuka Krystina Shveda Junko Ogura Marc Stewart Daniel Campisi | Emiko Jozuka | Krystina Shveda | ) edition.cnn.com time to read: +13 min

Ocean currents have since dispersed the contaminated water enough that radioactive Cesium is nearly undetectable in fish from Fukushima prefecture. A year before the 2011 disaster, government data shows Fukushima’s coastal fishing industry landed catches worth around $69 million. At the same time, ground and rainwater have leaked in, creating more radioactive wastewater that now needs to be stored and treated. This isotope is radioactive tritium, and the scientific community is divided on the risk its dissemination carries. He argues TEPCO should build more storage tanks to allow for the decay of the radioactive tritium, which has a half-life of 12.3 years.

☆ Fukushima water release stokes fresh fears for fisherman
▼ + stars: | 2023-03-10 | by ( Dave Lucas | ) www.reuters.com time to read: +1 min

Fisherman Haruo Ono, 71, untangles nets after returning from work at sea for the night, at Tsurishihama fishing port in Shinchimachi, about 55 km away from the disabled Fukushima Dai-ichi nuclear power plant, in Fukushima Prefecture, Japan, March 1, 2023. "It's been 12 years and fish prices are rising, we're finally hoping to really get down to business," Haruo said. "Now they're talking about releasing the water and we're going to have to go back to square one again. It's unbearable." REUTERS/Kim Kyung-HoonClose

☆ Rice into low-carbon plastic: bringing hope to a struggling Fukushima town
▼ + stars: | 2023-03-09 | by ( Elaine Lies | ) www.reuters.com time to read: +5 min

Last November, Tokyo-based firm Biomass Resin opened a factory in Namie to turn locally-grown rice into pellets. "Even now, we can't sell it as Fukushima rice. The same wave slammed into the nuclear plant, setting off meltdowns and explosions. "Namie was hit by four disasters - the quake, the tsunami, the reactor accident and then rumours about radiation danger," said Takemitsu Imazu, president of Biomass Resin Fukushima. The plastic isn't biodegradable, Imazu said, but using rice cuts the petroleum products involved - and growing more rice in Namie reduces overall atmospheric CO2.

☆ Japan's JERA raises FY22/23 earnings estimate on lower LNG procurement cost
▼ + stars: | 2023-01-30 | by ( Yuka Obayashi | ) www.reuters.com time to read: +2 min

Higher-than-expected profit from its trading unit, JERAGM, and stronger contribution from reselling some of the super-chilled fuel by JERA, one of the world's biggest LNG buyers, when its demand was lower, also boosted its earnings, Yoshida said. The revised guideline is based on an assumption that JERA will not receive the fuel from Freeport LNG, the second-biggest U.S. LNG exporter, by the end of March, according to Yoshida. The LNG company's plant shut after a pipeline explosion on June 8, 2022 and the restart has been delayed. In November, JERA President Satoshi Onoda predicted Freeport would resume a partial operation in mid-December and its shipments to be fully back by March. Despite the delay of Freeport's restart, JERA stuck to its 110 billion loss estimate from the fire, saying lower spot LNG prices are helping to offset an impact from the delay, Yoshida said.

☆ Utility company executives acquitted of negligence in Fukushima nuclear disaster
▼ + stars: | 2023-01-19 | by ( ) www.cnbc.com time to read: +4 min

The Fukushima Dai-ichi Nuclear Power plant after a massive earthquake and subsequent tsunami on March 14, 2011 in Futaba, Japan. DigitalGlobe | Getty ImagesA Japanese court on Wednesday found three former utility company executives not guilty of negligence over the 2011 Fukushima nuclear power plant disaster and the subsequent deaths of more than 40 elderly residents during their forced evacuation. watch nowThe acquittal disappointed and angered dozens of Fukushima residents and their supporters who attended the ruling or rallied outside the court. It's so irresponsible," said Yuichi Kaido, a lawyer representing the Fukushima residents. The Supreme Court in June, however, said the disaster was unforeseeable and dismissed compensation demands by thousands of residents.

☆ Tokyo court upholds not guilty verdict for ex-Tepco execs over Fukushima disaster
▼ + stars: | 2023-01-18 | by ( ) www.reuters.com time to read: +2 min

Wrongful judgment" after the The Tokyo High Court upheld a not guilty verdict for former Tokyo Electric Power Company (TEPCO) executives of negligence over the 2011 Fukushima nuclear power station disaster, in front of the court in Tokyo, Japan, January 18, 2023. REUTERS/Issei KatoTOKYO, Jan 18 (Reuters) - The Tokyo High Court on Wednesday upheld a not guilty criminal verdict by a lower court that cleared former Tokyo Electric Power Company (Tepco) (9501.T) executives of negligence over the 2011 Fukushima nuclear power station disaster. The ruling on Wednesday to uphold the not guilty verdict sits at odds with a separate civil case brought to the Tokyo court by Tepco shareholders, which found four former executives responsible for the 2011 nuclear disaster. Judges ordered the former executives to pay 13 trillion yen ($99.14 billion) in damages in the civil lawsuit. The court judged that the executives could have prevented the disaster if they had exercised due care.

☆ Japan's JERA, IHI to work on ammonia use at Malaysian coal power plants
▼ + stars: | 2022-10-26 | by ( ) www.reuters.com time to read: +1 min

TOKYO, Oct 26 (Reuters) - Japan's biggest power generator, JERA, said on Wednesday it will collaborate with Japanese heavy-industry manufacturer IHI Corp (7013.T) to explore ways to expand the use of ammonia as a fuel at coal-fired power plants in Malaysia. The two companies have been working together on co-firing ammonia with coal at a large commercial power plant in Japan to cut carbon dioxide (CO2) emissions. read moreUnder a memorandum of understanding signed by their subsidiaries, JERA Asia and IHI AP, they will jointly study ammonia co-firing in thermal power plants in Malaysia to contribute to decarbonisation there, JERA said in a statement. JERA can contribute to decarbonisation in Malaysia by working with IHI, which has a record of delivering more than 50% of installed coal power boiler capacity in operation there, it added. JERA is a joint venture between Tokyo Electric Power (9501.T) and Chubu Electric Power (9502.T).

☆ As market volatility persists, Wall Street analysts say to sell these stocks
▼ + stars: | 2022-10-17 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

Seven of the stocks — all part of the MSCI World Index — have analysts' price targets below their current share price, according to FactSet data. Equity analysts at investment banks and research firms rate stocks as sell or underweight if they believe the shares will perform poorly over the next 12 months. Analysts' median price target for AMC is 57.5% below the current share price, FactSet data shows. Wedbush Securities analyst Alicia Reese downgraded AMC from $4 to $2 but believes the company has long-term potential at her price target. Clorox Analysts' average price target on Clorox is just 1.4% below the current share price, but 11 out of 14 analysts covering the stock give it a sell or underweight rating.

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