Japan's power industry says needs nuclear power, will discuss it with next PM

TOKYO : Japan needs nuclear power, the head of an electricity sector federation said on Friday, adding that the industry would have a serious debate on energy policy with whoever becomes the next prime minister.

"We believe Japan needs nuclear power on the basis of current science and technology," Kazuhiro Ikebe, the chairman of the Federation of Electric Power Companies of Japan , told reporters. "We will have a thorough and serious discussion with him and try to make him understand our stance," Ikebe said, referring to what would happen if Kono were to become leader.

He said nuclear power plants dormant since the 2011 Fukushima disaster, that are deemed safe, could be restarted to help achieve a goal of carbon neutrality by 2050.

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No place in Japan for 'modern monetary theory', says Finance Minister AsoTOKYO : Japan must not make its public finances a target of experiment for lax financial management such as through 'modern monetary theory', Finance Minister Taro Aso said on Friday.Aso made the comment at a regular news conference, when asked about a proposal by Sanae Takaichi, a contender in the ruling What a joker…they have been printing money for years like nobody business and they said they don’t do MMT…😷
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