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Japan's pivot to renewables will kick Australian exports right in the thermals


19 April 2021
Back in July 2020, in a largely unheralded fashion, I wrote about Cheng Cheng and his ANU presentation on 100% renewable energy in Japan.
Given that Japan’s Prime Minister Yoshihide Suga is meeting with the US president this week, and climate change initiatives are bound to be on the agenda, it seems timely to take a break from a busy agenda on AGL, Tilt and Origin Energy domestic affairs to review Japan.
Australia exports about $25 billion of thermal coal and LNG combined to Japan and that’s about 1/3 of our total exports of those products. So the fact that Japan is pivoting towards supporting decarbonization rather than trying to stop it should be of great interest to Australia. ....

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