Tokyo Electric Power Company’s head honcho stepped down today as the company announced $15 billion losses for the fiscal year that ended in March. Here’s my post over at Global Spin on how — and if — Tepco can survive.
Tokyo Electric Power Company
Another Nuclear Plant to Shut Down in Japan on Safety Concerns
Chubu Electric Power Company agreed on Monday to suspend operations at the controversial Hamaoka nuclear power plant, three days after Prime Minister Naoto Kan made an unprecedented request for the company to shut down the plant, citing safety concerns. Like the beleaguered Daiichi Fukishima nuclear power plant further north, Hamaoka is …