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Page added on January 9, 2007

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Japan to subsidize uranium search

Japan will heavily subsidize uranium exploration as the global demand for the nuclear plant fuel increases, tightening the supply of imports Japan relies on.Kyodo News International reports Japan’s energy agency will foot half the bill of private companies looking for and exploiting

uranium reserves worldwide.
Japan imports all its fuel for its nuclear
plants.As the price of fossil fuels remain high and the threat of global warming has highlighted the need for less polluting sources of energy, nuclear energy looks to expand worldwide.
Earth Times



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