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Japan’s flawed strategy to keep burning coal
The Japanese government, with the support of Japan’s megabanks, has been betting on a seriously flawed strategy to extend the lifespan of coal power for decades to come, according to a new report from Reclaim Finance and Kiko Network. Japan is the only G7 member without a clear coal phase-out plan, and instead pursues a misguided climate strategy of retrofitting coal plants with carbon capture…
