Nuclear Energy has been dealt a very heavy blow with Japan deciding to stop building any new nuclear plants from now onwards.PM Kan in a dramatic move announced that Japan’s plan to build 14 new nuclear reactors which would increase the share of nuclear power to 50% from 30% has been canceled.The new energy plan of Japan will have more focus on renewable energy and energy efficiency.Note Germany had already shut down 7 of its old nuclear plants with immediate effect following the Fukushima disaster.These nuclear reactors have almost no chance of being started back as hundreds of thousands of German protested against nuclear energy and the Green Party won its first government in Germany.Italy and Switzerland too have put their nuclear power plants under review while other countries too are slowing down the approval process for new nuclear reactors.Nuclear Power in its current form seems to be dying in the developed world with other developed countries too facing opposition to nuclear plants.Note the effects of Nuclear Radiation are quite deadly and widespread even in lower doses or sieverts as was brought to the fore during the Fukushima disaster.It can lead to billions of dollars in lost economic activity.Already 3 major disasters have unfolded in the last 40 years in USA,Russia and Japan despite the safety touted by the Nuclear Industry.