TOKYO -- The Japanese government plans to create a 20 trillion yen ($155 billion) fund to promote investment in new power grid technology, energy-saving homes and other technology meant to shrink the country's carbon footprint, Nikkei has learned.
Climate Change
Japan plans $155bn decarbonization fund for grid, factory investments
Carbon tax and utility charges to be considered as funding sources
Smart grids that can send excess power to regions facing a shortage are crucial to Japan's decarbonization efforts. (Photo by Konosuke Urata)
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