Thursday, November 14, 2013

News Flash -- First Electricity Industry Reform Legislation Passes

The first of 3 proposed electricity industry reform bills passed into law yesterday, Wednesday Nov 13.

There are lots of reports in the Japanese press about what all this might come to mean, but for now let me just note the occurrence of the event, which could be a watershed in Japan's economic history.  

For the Reuters English report, see here.

UPDATE December 2, 2013:  Work gets in the way of blogging.  My apologies for not following up on this news flash, but I intend to do so ... eventually.  At this rate, it may not happen before the year-end break.

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