Business Business: Energy

Taiwan may hold referendum on nuclear plant

Modified: February 25, 2013 at 9:19 pm • Published: February 25, 2013

TAIPEI, Taiwan (AP) — Taiwan's premier says the government will support holding a public referendum to resolve the prolonged controversy over the fate of the island's $10 billion nuclear power plant.

Jiang Yi-huah said Tuesday a referendum could resolve the 20-year-old debate about the power plant, which is nearly complete and slated to begin operation in 2015.

Jiang warns that opponents should be aware of the economic losses for scrapping the project while the government will ensure the plant's safety if a yes vote is secured.

Responding to rising anti-nuclear sentiment, the Taiwan government abruptly suspended the nuclear project in 2000 only to resume its construction shortly afterward as concerns about power shortage sent share prices plunging.

Officials say the vote could take place in July with lawmakers' endorsement.


New Rule in TEXAS:
(JUN 2013): If You Pay For Car Insurance You Better Read This...
www.ConsumerFinanceDaily.com
Colon Cancer Warnings
Learn About The Warning Signs of Colon Cancer Before It's Too Late.
oregonclinic.com