Nissan, Sony and other major Japanese firms call on government to ramp up clean energy deployment

(Eco Business, 19 Jan 2021) The 92 companies want Japan to double its 2030 renewable energy target. Despite its carbon neutral pledge, the world’s fifth-biggest emitter is one of the most challenging markets for businesses to adopt 100 per cent clean energy.

Major Japanese corporations including Nissan, Panasonic, Ricoh and Sony Corporation have called on the Japanese government to ratchet up the share of renewables in the country’s energy mix by 2030.

In a statement on Monday (18 January), the 92 companies, which are all members of the Japan Climate Initiative, called for clean energy to make up 40 to 50 per cent of Japan’s electricity mix by 2030—or roughly double the government’s current target of 22 to 24 per cent.

Japan is the world’s third-largest economy and fifth-biggest emitter, and the companies hail from a wide range of sectors including construction, aviation, shipping, retail, steel and finance.

More than 120 countries such as South Korea, New Zealand and Japan have pledged to become carbon neutral by 2050, and a significant and rapid expansion of renewable energy as well as greater energy efficiency are needed to achieve the target, the companies said.

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Eco Business, 19 Jan 2021: Nissan, Sony and other major Japanese firms call on government to ramp up clean energy deployment