Japan Spurs Solar, Wind Energy With Subsidies for Renewables
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Japan approved a bill today to subsidize electricity from renewable sources, joining European nations in shifting away from nuclear power after the Fukushima reactor meltdowns in March.
The renewable-energy bill was passed by the upper house following approval by the lower chamber on Aug. 23 and was one of the last acts of Prime Minister Naoto Kan, whose support sagged over his handling of Japan’s worst postwar disaster. He said today he’s resigning after parliament passed the legislation.