Economics

Japan Without Nuclear a ‘Disaster,’ Says Former IEA Chief Tanaka

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Japan’s failure to resume its atomic plants would be a “disaster” for the country because of its limited alternatives, said Nobuo Tanaka, the International Energy Agency’s former executive director.

Japan’s diminished nuclear capacity makes it especially vulnerable to the potential loss of crude supplies if Iran disrupts shipments through the Strait of Hormuz, Tanaka said at a conference in Tokyo today.