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Climate Change

Corporate Japan ditches coal abroad as global backlash grows

Trading houses bow out of business previously promoted by Tokyo

Mitsui & Co. plans to divest from Paiton Energy, an Indonesian power company that operates coal-fired plants.

TOKYO/JAKARTA -- Japanese companies have begun stepping away from coal-fired power plant projects as the practice of exporting carbon-spewing technologies comes under fire, a striking about-face for a country that has long promoted coal in developing economies.

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