As I came out of the train station last night, I saw a group of people petitioning to end nuclear power in Japan. They were collecting signatures. Do they know the consequences of what they are pushing for, I wonder?

The latest report estimates that Japan’s real GDP would be pushed down by 0.4% to 0.6% if increased use of fossil fuels to offset energy lost due to idled nuclear reactors raises power generation costs by 10%.

via 2011/12/22 06:01 – Deflation Robbing Japan’s GDP Of Y1-2tln A Year: Report.

The article also mentions “in-house unemployment”, something I’d never heard of. Worth a read.