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Japan cabinet approves plan to exit nuclear energy

Tue, 09/18/2012 - 8:25pm
Reuters

TOKYO (Reuters) - Japan's cabinet has approved a new energy plan to cut the country's reliance on nuclear power in the wake of last year's Fukushima disaster, but dropped a reference to meet a nuclear- free target by the 2030s, ministers said on Wednesday.

Since the plan was announced on Friday, Japan's powerful industry lobbies have urged the government rethink the nuclear-free commitment, arguing it could damage the economy and would mean spending more on pricey fuel imports.

Trade Minister Yukio Edano, who also oversees the energy portfolio, said the cabinet had approved the new energy plan.

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