politics

Gov't submits bill to insure tankers with Iran oil

15 Comments
By Risa Maeda

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15 Comments
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The longer Japan keeps its nuclear plants shut the more it needs Iranian oil. Irans nuclear ambitions, in turn, don´t bother the Japanese antinuclear zealots.

-1 ( +1 / -2 )

Er, I thought Japan would not deal with any countries declared by Uncle Sam as evil. In fact, at least when black gold is concerned, flexibility must be maintained....Moral high ground? Forget about it....Sleep with enemy? Who cares....

-3 ( +0 / -3 )

If the Iranian situation does not spiral out of control - if it can be contained and solved - few will notice. If not, Japan will bear heavy criticism. This is a big risk they are taking, and a foolish one, I think. It is another case of Japan shirking what could be a bold statement of international cooperation to save a bit of money. As they say, 安物買いは銭失い。

-1 ( +0 / -1 )

Sounds like a "Sucker Bet" to me but it's still a free country!

-1 ( +0 / -1 )

Japan and Iran have been long time business partners.

Persia is one of the greatest and oldest civilizations in the world, and today they have a highly educated population with prospects for growth. It'd be a foolish move on Japan's part to abandon their business relationship with them.

-1 ( +0 / -1 )

I have to say I wrote that this would happen a week ago. Nothing unexpected, since Japan cannot meet it's fuel demands without importing much more oil than it ever did, since the replacement energy for nuclear is currently the oil fired plants that made up half the peak time production.

-3 ( +0 / -3 )

Good luck insuring those ships, now that Europe, which insures most of those ships, are no longer doing it.

0 ( +0 / -0 )

Iran oil declined 12% earlier this year, other countries are facing their own declines. What is Japan's exit strategy to get off oil?

0 ( +0 / -0 )

Oil is 46% of Japan's primary energy.

Yikes. Where does the often quoted 90% figure come from then? Is that one overall imports of energy, of which 46% is oil?

Regardless of the nuclear stance, I don't get why Japan isn't jumping head over heals on renewables while the lights are still on. It's not going to be a single source that will help build resilience, safety, and opportunity.

No wonder the oyaji's are stopping change, they'll can only think of being replaced, instead of being useful? Or is that an unfair view?

0 ( +0 / -0 )

Replacing kerosene heetaa's would be a big step, but Japan isn't even there yet. The conversation isn't even started and Iran is dropping exports. What's it going to do?

Replacing all that heating would suddenly require a lot of electric load in neighbourhoods, new transformer stations and such. I don't see it working out so well cost wise. A local renewable plan on the last 4km of usage from the power station to the home may be far more beneficial to the inevitable cost changes.

That conversation has to get started soon!

0 ( +0 / -0 )

Thanks!

0 ( +0 / -0 )

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