Shareholders propose Kansai Electric give up nuclear power
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36 / M / Toronto, Canada
Posted 6/12/11 , edited 6/12/11
A group of 124 shareholders of Kansai Electric Power Co have proposed that the utility give up nuclear power generation in light of the ongoing nuclear crisis at Tokyo Electric Power Co’s Fukushima Daiichi plant, sources close to the situation said Sunday.

The development comes after Tokyo Electric said Friday that 402 of its shareholders have submitted a request to discuss at the firm’s shareholders meeting on June 28 revising the utility’s articles of incorporation to say that it will give up atomic power generation.

The group of Kansai Electric shareholders also presented a proposal of agenda items to be discussed at the utility’s general shareholders meeting scheduled June 29 in Osaka, but the company’s board of directors are opposed to such a move, the sources said.

The plant in Fukushima Prefecture has been crippled by the March 11 mega earthquake and tsunami.
2289 cr points
Send Message: Send PM GB Post
36 / M / Toronto, Canada
Posted 6/12/11 , edited 6/13/11
Posted 6/13/11 , edited 6/13/11
I had heard this story too, and it makes sense from their perspective as Nuclear power stations are very dangerous places, requiring incredibly high tech safety systems (which although the Fukushima Daiichi plant, weren't be properly maintained due to corruption in TEPCO)
The nuclear disaster in Japan is the 3rd in history, the other two being 3 mile Island in America and the infamous Chernobyl
But nuclear power is the future of electricity generation, as it is the most efficient method of producing the power our expanding world needs
Of course, these Fission plants produce a lot of waste, but they provide good footholds so the much cleaner Fusion plants can be created
Japan is one of the countries helping to develop this technology, so they could be first to build and use one
Check it out, its called DEMO (good old wikipedia aye? )

I wonder if they have discussed how Japan will get its power if they shut down the nuclear power plants?
Germany shut 7 of theirs off, and now they're having to borrow energy from France, great plan that was
Sure nuclear energy is dangerous, but nothing in life is easy or safe, and the harder it is the better the reward usually

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