TOKYO :Japanese companies and climate groups called on the nation's government on Wednesday to step up the introduction of renewable energy and quickly adopt carbon pricing to tackle global warming.The Japan Climate Initiative (JCI), an alliance of companies, local governments and NGOs, issued the message ahe
TOKYO :Japanese companies and climate groups called on the nation's government on Wednesday to step up the introduction of renewable energy and quickly adopt carbon pricing to tackle global warming.
"We urged the Japanese government to overcome climate crisis and energy crisis by accelerating the introduction of renewable energy and early adoption of highly effective carbon pricing," the JCI said in a statement which was endorsed by 303 organisations. A transition to clean energy is especially important to the Asian nation, as it is critically dependent on imports for a majority of its energy needs, including for oil to LNG.
But its G7 allies such as Canada, Germany, U.K. and Italy have already reached Japan's 2030 targets, the JCI said.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Goldman Sachs to enter transaction banking business in JapanTOKYO : Goldman Sachs Group Inc said on Wednesday it is launching its transaction banking business for corporate clients in Japan, as the U.S. investment bank expands in the world's third-largest economy.Goldman, which received its Japanese banking license in 2021, will provide clients with treasury servi
Read more »
Buffett says he holds 7.4% stake in five Japanese trading houses including Itochu -NikkeiTOKYO : Berkshire Hathaway Inc's Warren Buffett is considering additional investment in Japanese stocks and said he holds a 7.4 per cent stake in five Japanese trading houses, including Itochu Corp, the Nikkei reported on Tuesday.In an interview with the newspaper, Buffett also said he would visit Japanes
Read more »
Shares of ispace Inc untraded in Tokyo debut as buy orders overwhelm sale offersTOKYO : Shares of lunar transportation start-up ispace Inc went untraded in their market debut in Tokyo early on Wednesday, as bids overwhelmed offers. The company, which has a probe already en route for the moon, raised 6.7 billion yen ($50 million) in an initial public offering (IPO). Shares of ispac
Read more »
Lunar startup ispace's shares untraded in Tokyo debut amid glut of buy ordersTOKYO :Shares of lunar transportation start-up ispace Inc went untraded in their market debut in Tokyo early on Wednesday, as bids overwhelmed offers. The company, which has a probe already en route for the moon, raised 6.7 billion yen ($50 million) in an initial public offering (IPO) last month. Shares of
Read more »
Japan's Octopus Energy unit aims to increase renewables in energy source mixTOKYO : The Japanese arm of British energy supplier Octopus Energy aims to add more renewable energy to its supply mix because it provides a more stable purchasing price compared with the liquefied natural gas it now relies on, its local head said.Octopus Energy entered the Japanese market in late 2020, l
Read more »
Japan's MUFG sets emissions targets for real estate, shipping, steelTOKYO: Japan's Mitsubishi UFJ Financial Group on Tuesday (Apr 11) laid out emissions-cutting targets for lending to the real estate, steel and shipping sectors, and said emissions from its oil and gas business had fallen as loans were repaid. As Japan's top lender and a significant funder of carbon-intensi
Read more »