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    Ed, Japan will be writing off a number of the damaged reactors, and I doubt they will replace them quickly, as they take years to build.
    Other forms of energy producing infrastructure can be put in place in relatively short time, so I imagine there might be a further increase in oil prices, if Japan imports more oil to replace the atomic power plants for energy production.

    This could contribute to increasing the recession in other industrialised countries, apart from all the upheaval in Libya.
    With oil at over 100 pips a barel, and nuclear reactors anything other than 100% secure, and Germany's populace demonstrating against a planned decision of the German government to keep up production in nuclear power plants that by law are supposed to be closing down, I reckon that very soon there will be a decision to give wind and solar energy another go.

    The cost of importing oil and gas to produce energy is too high, and coal would also increase in price if it is used in new power plants.

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