Saturday, June 9, 2012

Japan PM says two reactors must restart to protect jobs

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Japan PM says two reactors must restart to protect jobs

Reuters | June 08, 2012 | 05:55 AM EDT

TOKYO (Reuters) - Japanese Prime Minister Yoshihiko Noda said on Friday he has decided that two idled nuclear reactors in western Japan must be restarted to protect jobs and avoid damage to the economy, adding that steps had been taken to prevent a recurrence of the Fukushima disaster.

The decision - expected to be confirmed at a meeting with key ministers - will ease worries about power shortages among firms in the region, including struggling electronics giants Panasonic Corp and Sharp Corp.

But the move, seen by many as a first step to bringing more reactors on line, could undermine Noda's already sagging support among voters still worried about safety after the world's worst nuclear crisis in 25 years.

Noda said the government had confirmed that even if Kansai Electric Co's two reactors at its Ohi plant in Fukui lost power as happened after Fukushima, there would be no damage to the reactors' core.

"Cheap and stable electricity is vital. If all the reactors that previously provided 30 percent of Japan's electricity supply are halted, or kept idle, Japanese society cannot survive," Noda said, pointing to the possibility that more companies would shift production offshore and jobs would be lost.

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