Reactor Restarts Come Down To Money

The local assembly of Oi town has voted to approve the restart of the Oi reactors. The assembly cited economic concerns such as employment. The $32 million in annual subsidies the city is given from Kansai electric is probably a considerable part of the decision. Some have described the subsidies as like a drug that causes the local municipality to become both dependent and complacent about fostering the economy independent of the power companies.

This approval to restart the reactors is not shared by the other nearby towns. Eight of the eleven nearby towns do not want the reactors restarted.

The power companies in Japan are heavily invested in nuclear. The plan to reform TEPCO hinges on the ability to restart the reactors at Kashiwazaki-Kariwa. The Japanese government has nationalized TEPCO, leaving them in a biased position. Kansai is also heavily invested in nuclear power.

This article would not be possible without the extensive efforts of the SimplyInfo research team
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