Japan is investing 8 trillion yen in new energy technology; oil and nuclear power will be phased out.
The Fukushima nuclear crisis is turning out to have a silver lining because it has convinced the Japanese political and business establishment to phase out nuclear power and oil as energy sources. In particular, Japanese tycoon Masayoshi Son has teamed up with Prime Minister Naoto Kan to invest 8 trillion yen or about $100 billion…