Japanese businessman launches Japan Renewable Energy Foundation with mammoth goals
Wednesday, September 14, 2011 - 10:00
in Mathematics & Economics
(PhysOrg.com) -- Masayoshi Son, founder and CEO of Softbank, one of Japans largest Internet conglomerates, announced this week the establishment of the Japan Renewable Energy Foundation (JREF) with the goal of moving Japan away from its dependence on nuclear energy towards more eco friendly and safer renewable sources. Son, reportedly the richest man in his country, said in an interview with Asahi Shimbun, that despite suspicions by other business people regarding his motives, his ambition regarding JREF is to safeguard the Asian nations energy supply in light of the problems encountered by the country in the aftermath of the Fukushima nuclear plant disaster following the tsunami last March.