TOKYO -- Japan plans to set fiscal 2040 targets for renewables and other energy sources in the national electricity mix by March next year, outlining long-term goals for decarbonization to spur business investment in related areas.
Energy
Japan to set fiscal 2040 energy mix goal to spur investments
Long-term targets to help companies make big spending plans
Despite Japan's goal to achieve net-zero emissions by 2050, uncertainties in the energy sector have discouraged many businesses from investing heavily in renewables. © Reuters
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