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Goldman-Founded Firm Says Japan Must Do More on Clean Energy

  • Japan Renewable Energy says path unclear to 2030, 2050 targets
  • Goldman and partners sold firm to Eneos for $1.8 billion
Kazuhiro Takeuchi
Kazuhiro TakeuchiPhotographer: Akio Kon/Bloomberg
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Japan’s government isn’t doing enough to make sure the country meets its climate targets, according to the chief of a top renewable energy firm.

While setting long-term targets such as being carbon-neutral by 2050 is a positive, there’s still a lack of clear policies on how to reach that goal, said Kazuhiro Takeuchi, chief executive officer of Japan Renewable Energy Co. The government should ease permitting processes and help clean energy firms gain access to land, he said.