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Japan’s new energy policy aims for 50% renewables, 20% nuclear by 2040

A government panel of experts has largely supported Japan’s new energy policy, which aims to meet growing power demands by expanding renewables to 40-50% of electricity needs and increasing nuclear power’s share to 20% by 2040.  The proposal, which is set for Cabinet approval by March, calls for reversing the phaseout of nuclear energy adopted after the 2011 Fukushima disaster.  The plan also targets reducing coal-fired power to 30-40% from nearly 70% in 2023. The…