• SHARE

The government’s push to shutter old coal-fired power plants by 2030 to rein in greenhouse gas emissions may force a major revision in business strategy for the power industry by depriving it of cheap coal power to drive profit growth.

Minister of Economy, Trade and Industry Hiroshi Kajiyama announced earlier this month that the government is phasing out coal plants that aren’t using the best available technology — ultrasupercritical (USC) or integrated gasification combined cycle (IGCC) — by 2030 as part of its goal of reigning in carbon emissions and raising Japan’s use of renewable energy.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW

PHOTO GALLERY (CLICK TO ENLARGE)