September 15, 2011
Japan's Power Monopolies Raise Costs & Stifle Innovation
The Economist, The Economist
THE corridors were dark, the air uncomfortably hot. The lights at the headquarters of the Tokyo Electric Power Company (TEPCO) were largely switched off; the air-conditioners were turned down. Even the chief executive, Toshio Nishizawa, had removed his tie for an interview on September 5th. In normal times, that would be a glaring breach of Japanese corporate etiquette, but these are not normal times. . .
TAGGED: nuclear energy, Japanese energy policy, TEPCO, the Economist