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Japan Utilities Emit Record CO2 After Fukushima Disaster
Aug 9th 2012, 01:41

Tokyo Electric Power Co. (9501) and nine other Japanese power companies emitted a record amount of carbon dioxide in the year ended March 31 as the Fukushima Dai-Ichi disaster spurred a surge in crude and fuel oil consumption. The regional power companies produced about 439 million tons of CO2 for the year, up 17 percent from 374 million tons in the year ended in March 2011, according to Bloomberg calculations based on data provided by the companies. Kansai Electric Power Co. (9503), the Japanese utility that relied most on nuclear power, discharged 65.7 million tons, a 40 percent increase in CO2 emissions. Japan was forced to find alternative to nuclear power, which produces virtually no...

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