What the failed Glencore-Tohoku coal talks mean for the market

Sad to hear that Japan is still relying on such dirty energy. But, I guess this is what you get when you foolishly build your power plants on the coast, despite warnings from the experts.

Sad to hear that Japan is still relying on such dirty energy. But, I guess this is what you get when you foolishly build your power plants on the coast, despite warnings from the experts.

The West is still using coal as well and profiting big time by mining and trading it.

Reading my posts are one thing but understanding them is another thing.

If I recall, the builders were advised to move the structure upland.

But, back to the issue of coal, as stated in the article, I don't understand why you brought up the West?

Reading my posts are one thing but understanding them is another thing.

Try to be more original

If I recall, the builders were advised to move the structure upland.

It was an old plant but the structure was after all tsunami proof and the accident was caused by the low placed generators. What if [ following an advice in the past] has no value anymore.

All 42 active NPP in Japan are build near the coast and meet, except for 3, all safety standards. There have been discussions about NPPs in Japan being build on the wrong places as geologists pointed on vaults. When you would have mentioned that I would have agreed. The Japanese public should judge about the future.

You're right 21 sites, 60 reactors, 42 active.

Excuse me 21 sites, 60 reactors, 42 operable, 8 active.

What if [ following an advice in the past] has no value anymore.

Yeah, tell that to the people who died. And, now coal is the answer? These seem like excuses.

tell that to the people who died.

What you are referring to? How many have died as a direct result of nuclear accidents (or other power plant accidents) in Japan?

What you are referring to?

https://en.wikipedia.org/wiki/Fukushima_Daiichi_nuclear_disaster_casualties

I am not against nuclear. It is better than coal. But, safety measures must be put in place.

https://edition.cnn.com/2012/10/12/world/asia/japan-tepco-report/index.html

As for coal, the long-term health risks are widely known:

http://www.sciencemag.org/news/2018/05/bucking-global-trends-japan-again-embraces-coal-power