Thursday, November 21, 2013

Taiwan learn from Japan experience and prepare for higher energy costs

Japan trade deficit nearly doubles on energy charges - Taipei Times: "Energy imports surged after the 2011 Fukushima Dai-ichi crisis forced the shutdown of Japan’s nuclear reactors, which once supplied a third of the nation’s power.
A sharp decline in the yen, which is good for exporters’ profitability, has also forced up the cost of importing pricey fossil-fuels to plug the country’s energy gap.
Japan’s trade imbalance was largely due to the rising cost — and volume — of crude oil and liquefied natural gas shipments as well as surging purchases of electronic parts."

'via Blog this'

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