Japan’s cashed up trading houses eye green splurge

According to The Australian Financial Review, Japan’s huge trading houses are belatedly gearing up for the transition to green energy, a juggernaut that will create huge opportunities for Australia, a former top climate adviser to Canberra says.
Patrick Suckling, who now heads the Asian operations of climate advisory and investment firm Pollination, has just spent a week in Japan assessing the corporate appetite in the world’s third-largest economy to take part in the move to zero carbon emissions.
While corporate Japan has been slower than companies in other G7 nations to adapt to the transition, boards are now spurred by their government’s green energy push. They are waking up to the business opportunities from new rules around sustainable aviation fuels (SAF), hydrogen and carbon capture and storage, he said.

https://www.afr.com/world/asia/japan-s-cashed-up-trading-houses-eye-green-spend-20230629-p5dkdh