Is Japan Losing its Independence?

Record Trade Deficit in Japan and Nuclear Reality: Is Japan Losing its Independence?

Noriko Watanabe and Walter Sebastian

Ex: http://moderntokyotimes.com

The anti-nuclear lobby in Japan and the mass media in this nation on a whole continue to focus on the negative side of nuclear power stations. Not surprisingly, the government of Japan is dithering about this issue just like other important areas – for example the declining birth rate. However, Japan can’t afford to maintain its current energy policy because it is hindering the economy too much. Either Japan must re-focus on nuclear energy which helped in the modernization of this nation in the post-war period – or, Japan must bite the bullet and formulate an alternative energy policy and quickly.

The Ministry of Finance announced earlier this week that the trade deficit in 2013 reached a record figure. This should set off alarm bells in the corridors of power because the $112 billion dollar trade deficit will put enormous strains on the economy. After all, with no real energy policy existing currently in Japan, then it seem more than feasible that the next few years will follow the same pattern.

Issues related to the nuclear crisis in Japan appear to have been blown up out of all proportion. After all, the huge loss of life occurred because of the brutal tsunami that followed the massive 9.0-magnitude earthquake on March 11 in 2011. This isn’t meant to belittle the trauma caused to the local area in Fukushima because within a certain zone it is clear that problems continue to exist. However, the Fukushima Daiichi Nuclear crisis is more based on bad management, the age of the plant, deficiencies within the planning mechanisms of this nuclear plant, lack of accountability, limited safety mechanisms – and other areas of importance. Of course, the earthquake triggered the tsunami but the nuclear crisis that erupted was based on human failure when faced with the brutal reality of nature.

Vojin Joksimovich, nuclear specialist and writer at Modern Tokyo Times, stated last year: “Japan has few natural resources and imports about 84% of its energy requirements. Nuclear power has been a national strategic priority since 1973. The country’s 54 nuclear plants have provided some 30% of the nation’s electricity. This was expected to increase to 40% by 2017 and to 50% by 2030. Japan has a fuel cycle capability including enrichment and reprocessing of used fuel for recycle and waste minimization. Shutdowns of 48 units capable of generating electricity have resulted in soaring fossil fuel, mostly LNG imports. Five nuclear utilities have been compelled to raise electricity rates: household rates 8.5-11.9%; commercial rates 14.2-19.2%.” 

“According to the NASA climate change study, summarized in the May 2013 issue of the Nuclear News, using nuclear power to generate electricity instead of burning fossil fuels prevented an average of 1.84 million air pollution deaths and 64 billion metric tons of CO2- equivalent greenhouse gas emissions between 1971 and 2009. In the time frame 2000-2009 the nuclear plants prevented on average 76,000 deaths/year. It appears that the NRA has ignored these types of considerations, while pursuing the absolute safety quest for the nuclear plants.” 

In the same article Vojin Joksimovich says: “There is now abundance of evidence showing that the worst accident in the history of commercial nuclear power has not harmed the Japanese public. The University of Oxford physics professor Wade Allison, author of the remarkable book Radiation and Reason: The Impact of Science on a Culture of Fear, testifying in the British House of Commons in December of 2011, was the first one to tell the world that the accident has not harmed the Japanese public: “No acute fatalities, no acute injuries, no extended hospitalizations due to radiation, unlikely cancer fatalities in 50 years.”

“World Health Organization (WHO) report followed: “Low risk to population, no observable health effects.”United Nations Scientific Committee on Effects of Atomic Radiation (UNSCEAR) report, with contributions from 80 international experts, says: “No immediate health effects, unlikely health effects in future among general public and vast majority of workers.” Most Japanese were exposed to additional radiation less than natural background level of 2.1mSv/yr. The report concludes that observable effects are attributable to stresses of evacuation and unwarranted fear of radiation. This means that the most serious health effects were not caused by radiation but by fear of it by the Japanese authorities. Lastly the Fukushima Medical University (FMU) is conducting a health management survey of all 2 million Fukushima Prefecture residents. Thus far the maximum dose received was only 19mSv. This writer, while in a local hospital, has received doses of 30-40mSv from CT scans. It means that he has received higher dose than ~99% of the Japanese population from the Daiichi accident.”

Now Japan is stuck by either adopting a pragmatic nuclear policy based on modernizing the entire system and implementing tougher standards – or to continue with importing dirty energy at a negative cost in terms of health related issues and hindering the economy. Of course, Japan could try to radically alter its energy policy by implementing a policy that boosts alternative energy – the effects and costs remain debatable. However, the current status quo of relying on expensive imported fossil fuels to bridge the non-existent energy policy isn’t viable.

The huge deficit is based on increasing imports that followed in the wake of the March 11 9.0-magnitude earthquake that triggered the tsunami and nuclear crisis in Fukushima. Since this period, imports continue to rise in relation to the demand of fossil fuels. Therefore, despite exports rising in Japan to nearly 10% in 2013, it is clear that the import imbalance, weak yen and the reliance on fossil fuels are all hitting the economy hard.

Forbes says: “A surge in Japanese fossil fuel demand following the Fukushima nuclear crisisin 2011 pushed imports to their highest-ever level of 81.26 trillion yen.”

“In other words, steep post-Fukushima energy bills are taking a toll on Japan’s economy.”

“Prior to the Fukushima fiasco, nuclear reactors supplied a third of Japan’s electric demand.”

Lee Jay Walker at Modern Tokyo Times says: “The yen will continue to feel the effects of the current account deficit and if this isn’t addressed then traders may well sell off more yen. This in turn will have an adverse effect on import costs thereby creating a downward economic spiral. Therefore, given the reality that exports reached a near 10% increase last year, it is clear that Japan needs to address its energy policy along with other essential areas related to the economy.”

Akira Amari, Fiscal and Economic Policy Minister, is extremely anxious about the deficit. He warns that unless this issue is addressed then Japan “may become like the United States in depending on other countries for its financial funds.”

If the above scenario happens then Japan will further lose its independence and this also applies to the nuclear angle. After all, the development of the nuclear sector was an area of self-reliance given the overall weakness of Japan in relation to natural energy resources. Now, however, Japan is beholden to more imported fossil fuels; the nation relies on America for protecting the nation state in relation to the armed forces of this nation being stationed in Japan; while imported foodstuffs are a natural fact of life; and if the trade deficit continues then soon Japan may rely on foreign nations for funds. Therefore, the current leader of Japan needs to focus on a proper energy policy because the current status quo is undermining the economy along with other negative ills.

Lee Jay Walker gave guidance to both main writers

http://www.forbes.com/sites/williampentland/2014/01/27/the-cost-of-misguided-energy-policies-japans-record-trade-deficit/

http://www.moderntokyotimes.com/2013/07/16/restart-of-japanese-nuclear-plants-politically-correct-radiophobia-harms-the-general-public/

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