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Japan seeks to reverse commitment to phase out nuclear power 11 Jan 2013 Almost two years after the triple meltdown at Fukushima Daiichi power plant sent shockwaves around the world, Japan's government is attempting to resell the nuclear dream to a traumatised public. The previous centre-left government pledged last year to phase out all of the country's 50 working reactors by 2040. But the return to office last month of the conservative Liberal Democratic party (LDP) under Shinzo Abe effectively killed off the idea of a non-nuclear Japan. It was no coincidence that within days of the LDP victory, Tepco, the firm that operates Fukushima Daiichi, saw a dramatic rise in its share price -- but nowhere near the level it was before the accident.