TOKYO -- Efforts to cut greenhouse gas emissions are stalling in Japan's carbon-intensive steel and chemical industries as investor pressure weakens amid a U.S. government shift toward climate change skepticism under President Donald Trump.
Environment
Japanese steel and chemical producers pull back from carbon-cutting
Kobe Steel delays electric-furnace investment; Eneos drops hydrogen supply targets
Kobe Steel had planned to make a decision as soon as fiscal 2025 on investing in electric arc furnaces, which emit fewer greenhouse gases than blast furnaces. (Photo by Nikkei)
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