In his May 12, 2011 report "Fukushima Fallout: Regulatory Loopholes at U.S. Nuclear Plants," U.S. Representative Ed Markey (D-MA) stated: "Following the accident at the Fukushima Daiichi nuclear power plant in Japan, many other countries have announced new safety measures with regards to nuclear reactors. China, Venezuela, Switzerland, Italy, Japan, and Taiwan have suspended new reactor development. Germany and Japan announced it would shut down older reactors pending safety review." The table also shows that the Phillipines and the U.K. have decided to reduce the role of nuclear power in their energy future. And in fact Germany, the fourth biggest national economy on the planet, has decided to completely phase out nuclear power by 2022. (see Table 1 on page 24).