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Individual shareholders in Japan push for withdrawal from nuclear power

flag-japanIndividual Shareholders of Japan Nuclear Power Plants Want Reduced Reliance on Nuke Energy – Report International Business Times, By Esther Tanquintic-Misa | June 13, 2014  Individual shareholders of Japan‘s nuclear power plants want the government to review the country’s current energy mix to rely less on nuclear energy, a report by the Asahi Shimbun said. Shareholders of Tokyo Electric Power Co (TEPCO) want the company to evaluate and examine its Comprehensive Special Business Plan.

The report noted individual shareholders of Japan‘s nine electric utilities with nuclear power plants had also submitted proposals to strengthen their call ahead of the June 26 annual general shareholders’ meetings of the power companies.

It was the first time that individual shareholders joined in the fray to push for a withdrawal of Japan’s dependence on nuclear power.

However, Asahi Shimbun believed their calls for major changes in policy would fall on deaf ears. These individual shares, when gathered, make up only a small number of total shares.

The bulk of the nine electric utilities’ shareholders belong to financial institutions and other corporate entities…….http://au.ibtimes.com/articles/555644/20140613/shareholders-japan-nuclear-power-plants-reliance-nuke.htm#.U5z0IJRdUnk

June 14, 2014 - Posted by | business and costs, Japan

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