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Energy

Mitsubishi pulls out of Vietnam coal plant amid climate concerns

Vinh Tan 3 project hit by backlash against carbon-intensive fuel

Mitsubishi Corp.'s headquarters in Tokyo: The trading house faces growing international pressure to withdraw from coal-fired power plants.    © Reuters

TOKYO -- Japanese trading house Mitsubishi Corp. decided Thursday to withdraw from the Vinh Tan 3 coal-fired power plant project in Vietnam amid growing international concern about climate change, Nikkei has learned.

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