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  We have yet to see how this nuclear incident pans out but I doubt that it will cause Japan to reduce its investment in nuclear energy particularly since the other nuclear power stations seem to have held up well. Japan has little in the way of natural resources and imports vast quantities of coal and oil so nuclear power helps to reduce this enormous consumption. I have personally been to Japan scores of times on bulk carriers running coal from Aussie and Canada, plus cargoes of grain, iron ore, etc.

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