Japan court clears nuclear resumption

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From CNBC:

A Japanese court rejected a lawsuit to halt the restart of Kyushu Electric Power’s Sendai nuclear station, plaintiffs said on Wednesday, brushing aside the concerns of local residents worried about the safety of the plant.

The decision by the Kagoshima District Court clears another hurdle for the Sendai station to begin starting up as early as June as the government pushes to restart Japan’s idled nuclear industry four years after the Fukushima disaster.

Not so good for Australian LNG after all.

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.