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Mitsubishi pulls out of Vinh Tan 3 coal project in Vietnam -sources

By Reuters Staff
2 Min Read
TOKYO, Feb 26 (Reuters) - Mitsubishi Corp has decided to pull out of the Vinh Tan 3 power plant in Vietnam, two sources familiar with the company’s thinking on the matter told Reuters, as it shifts away from carbon intensive businesses in the face of climate change.
Mitsubishi’s move to exit the estimated $2 billion project shows how willing Japanese companies and financiers are to drop their once-strong support for coal amid pressure from shareholders and activists.
Japan’s big banks regularly topped lending league tables for coal mines and power stations. But, in a little over a year, they have committed to ending their financing for the dirtiest fossil fuel, albeit over decades. ....

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UPDATE 1-Mitsubishi pulls out of Vinh Tan 3 coal project in Vietnam, sources say

Mitsubishi Corp has decided to pull out of the Vinh Tan 3 power plant in Vietnam, two sources familiar with the company's thinking on the matter told Reuters, as it shifts away from carbon intensive businesses in the face of climate change. ....

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Mitsubishi pulls out of Vinh Tan 3 coal project in Vietnam--sources : The Asahi Shimbun

Mitsubishi pulls out of Vinh Tan 3 coal project in Vietnam--sources : The Asahi Shimbun
asahi.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from asahi.com Daily Mail and Mail on Sunday newspapers.

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UPDATE 1-Mitsubishi pulls out of Vinh Tan 3 coal project in Vietnam, sources say

UPDATE 1-Mitsubishi pulls out of Vinh Tan 3 coal project in Vietnam, sources say
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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Mitsubishi pulls out of Vinh Tan 3 coal project in Vietnam -sources

Mitsubishi pulls out of Vinh Tan 3 coal project in Vietnam -sources
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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