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Japanese firms invested $70B in Australian LNG projects, sparking climate concern despite public climate pledges.
Japanese energy firms INPEX, JERA, and Mitsubishi Corporation have held at least two dozen meetings with Australian policymakers while investing nearly $70 billion in 13 LNG export projects in Australia, according to a report by the climate think tank InfluenceMap.
The analysis reveals a growing disconnect between Japan and Australia’s public commitments to climate action and their ongoing support for fossil fuel infrastructure, raising concerns that such investments may undermine global efforts to reduce greenhouse gas emissions and meet international climate targets.
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Las empresas japonesas invirtieron $ 70B en proyectos australianos de GNL, provocando preocupación climática a pesar de las promesas públicas sobre el clima.