Japan unveils green growth plan

Japan unveils green growth plan

Japan unveils green growth plan

Japan unveils green growth plan

Japan unveils green growth plan

People wearing face masks to help curb the spread of the coronavirus walk across a traffic intersection in Ginza shopping district in Tokyo, Tuesday, Dec. 22, 2020. (AP)

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Japan unveils green growth plan

PM Yoshihide Suga announced the new 2050 goal in November, significantly moving up Japan's timeline for carbon-neutrality

Updated 26 December 2020

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TOKYO: Japan on Friday unveiled plans to boost renewable energy, phase out gasoline-powered cars and reduce battery costs as part of a bid to reach an ambitious 2050 carbon-neutral goal.

Prime Minister Yoshihide Suga announced the new 2050 goal in November, significantly moving up Japan's timeline for carbon-neutrality.

On Friday, his government laid out for the first time what meeting that target will involve.

"The government's actions on the environment reflect our belief that a significant change of mindset is required and that these are not constraints for growth, rather they are drivers of growth,“ top government spokesman Katsunobu Kato told a regular briefing.

The pandemic remained a drag on consumer spending, with a renewed spike in infections raising fresh risks for a weakened economy. (Reuters/File)

Updated 26 December 2020

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