Now it is old news that Japan, along with China, South Korea & US, are committing to Net Zero Emissions (NZE).
And in a nicely choreographed series of announcements, Japanese corporates, utilities and GSFI are releasing pledges to align with this. https://abs.twimg.com/emoji/v2/... draggable="false" alt="🇯🇵" title="Flagge von Japan" aria-label="Emoji: Flagge von Japan">https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen"> https://asia.nikkei.com/Spotlight/Environment/Japan-to-reduce-greenhouse-gas-emissions-to-net-zero-by-2050">https://asia.nikkei.com/Spotlight...

Take @Toshiba, committing in November 2020 to exit the coal power plant construction market. A small but important step, better late than never. https://abs.twimg.com/emoji/v2/... draggable="false" alt="🇯🇵" title="Flagge von Japan" aria-label="Emoji: Flagge von Japan">https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">
Marubeni Corp moved to exit #coal in September 2018. They are a corporate leader. Good, right @mattjcan? https://asia.nikkei.com/Spotlight/Environment/Toshiba-stops-taking-orders-for-coal-fired-power-plants">https://asia.nikkei.com/Spotlight...

But the giant of Japanese utilities - JERA - and Australia& #39;s largest fossil fuel customer globally, announced a NZE by 2050 policy in November 2020. https://abs.twimg.com/emoji/v2/... draggable="false" alt="🇯🇵" title="Flagge von Japan" aria-label="Emoji: Flagge von Japan">https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">
Cool, isn& #39;t it @keithjpitt! https://energy.economictimes.indiatimes.com/news/coal/japans-jera-to-shut-inefficient-coal-fired-power-plants-by-2030/78638374">https://energy.economictimes.indiatimes.com/news/coal...

But JERA has also now given a big clue as to one path to implementation. Blending coal with green ammonia. First 0.7% (done https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">), then 20% by the early 2030s then 100% by the 2040s. Then hey presto, our biggest #coal importer in the world ceases coal use! https://www.powermag.com/jera-planning-to-shift-coal-power-fleet-to-100-ammonia/">https://www.powermag.com/jera-plan...

FMG is getting ready (agreeing with @BlackRock Larry Fink& #39;s Tsunami of change re the financial risks of climate change) announcing a modest 235GW #RenewableEnergy target. Little detail yet, but give Twiggy credit, he did build the world& #39;s #3 iron ore firm! https://www.bloombergquint.com/technology/billionaire-miner-forrest-aims-to-be-a-global-clean-energy-giant">https://www.bloombergquint.com/technolog...

But I hear you ask, given all the other global trading houses have now exited thermal coal mining, what about the Japanese laggard - Sumitomo Corporation? Surely they too have a coal exit policy almost ready to be announced?
https://ieefa.org/wp-content/uploads/2020/11/Overseas-Coal-Projects-Raise-Questions-for-Sumitomo_November-2020.pdf">https://ieefa.org/wp-conten... by @simonjnicholas